680 Easton Ave
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680 Easton Ave
5,000 SF 7% Leased Office Building Somerset, NJ 08873 $1,421,999 CAD ($284 CAD/SF)
Investment Highlights
- Potential Uses: Medical practice, commercial, office, storage, or cannabis business.
- The building offers generous interior space, ideal for various business configurations and layouts.
- Strategically located in a high-traffic area, this property benefits from excellent visibility and easy access.
- The property's versatility and prime location make it an excellent investment
- Spacious lot provides ample room for expansion, outdoor activities, or additional structures.
- Plenty of parking spaces available to accommodate customers, employees, and visitors.
Executive Summary
Invest in a versatile commercial property in Somerset, NJ. This 3-unit building offers a prime opportunity for medical practices, offices, storage facilities, or even cannabis businesses. With its strategic location and flexible space, this property is perfect for entrepreneurs and investors seeking a profitable venture. Don't miss this chance to own a property with endless potential. Subject to seller clearing and taking title.
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
5,000 SF
Building Class
C
Year Built
1985
Price
$1,421,999 CAD
Price Per SF
$284 CAD
Percent Leased
7%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,400 SF
Building FAR
0.23
Lot Size
0.49 AC
Zoning
Office Professional - (OP) zoned. Ideal for law, medical, dental, accounting, real estate, or corporate offices in NJ. Consult local zoning for specific regulations.
Parking
16 Spaces (3.2 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 08-00322-0000-00001 | Total Assessment | $1,166,040 CAD |
| Land Assessment | $639,900 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $526,140 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
08-00322-0000-00001
Land Assessment
$639,900 CAD
Improvements Assessment
$526,140 CAD
Total Assessment
$1,166,040 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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680 Easton Ave
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