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    OFF-MARKET
    Office Spaces

    1395 State Rt 23, Butler, NJ 07405-1732

    0.13 ac lot
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US59-2172532
    Property summary
    AI-generated overview

    This exceptional 1,000+ square foot office suite presents a fantastic investment opportunity in a high-traffic location on State Route 23 South in Butler, NJ. Situated on a 0.12-acre lot, this first-floor unit boasts exceptional visibility thanks to its road signage. Previously utilized as a doctor's office, the adaptable layout is ideal for a variety of professional uses, including dental, legal, or other medical practices. The space includes a welcoming reception area, a secretary's office with three workstations, three exam rooms, two consultation rooms, a dedicated lab room, a convenient kitchenette, ample storage, and two and a half bathrooms. The property features numerous upgrades, including newer cabinetry throughout, a recently installed HVAC system with central air conditioning and heating, and a newer roof. The large on-site parking lot ensures convenient access for clients and staff. This move-in ready office suite offers a blend of functionality, modern amenities, and a prime location, making it an attractive proposition for discerning business owners. Its accessibility features cater to a wide range of potential occupants. The property's central location provides easy access to various amenities and services.

    Property profile
    Verified
    Property type Office Spaces
    Use group CONDOMINIUM OFFICES
    Lot 0.13 ac (5,445 SF)
    Zoning code HC
    APN 03 00093- 01-00004- 03-C0004
    UPID US59-2172532
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    NOT AVAILABLE FROM DATA SOURCE
    NOT AVAILABLE FROM DATA SOURCE
    Zoning & alternative use
    HC · Butler, NJ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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