$425,000
$495,000
14.1%For more information regarding the value of a property, please contact us for a free consultation.
0.41 Acres Lot
SOLD DATE : 01/17/2018
Key Details
Sold Price $425,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1001762895
Sold Date 01/17/18
HOA Y/N N
Originating Board TREND
Year Built 1917
Annual Tax Amount $10,385
Tax Year 2016
Lot Size 0.406 Acres
Acres 0.41
Lot Dimensions 150X118
Property Description
Three fully leased units through fiscal 2017. This building has tremendous cash flow and superior tax advantages to the buyer. Two story Professional Office Building w/ 3 office suites on 2 lots with a combined size of .75 acres. Great location on a County road and walking distance to Lawrenceville Town Center. One minute to Interstate 95/295,and just a few more to Princeton, Trenton, Capital Health Hopewell and Princeton Medical Center in Plainsboro. Second floor office suite is 1300 sq.ft. - currently used as a dental office (leased) w/ 2 bathrooms, 6 rooms/offices & reception area. First floor has 2 office suites each w/ private entrances and bathrooms. Front suite w/ 680 sq.ft. is leased - current design includes two offices & a reception area. Back suite w/ 620 sq.ft. Design consists of 3 rooms/offices and a large reception area. Adjacent lot is buildable. Lawrence Township should be contacted for possible expansion & development. Building is part of the early 1900's Lawrenceville history as a power substation for the town. Independent heating and utilities for each office suite. Property has been meticulously maintained and exterior recently painted.
Location
State NJ
County Mercer
Area Lawrence Twp (21107)
Zoning R-2B
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Natural Gas
Fireplace N
Heat Source Natural Gas, Electric
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Waterfront N
Water Access N
Roof Type Flat,Pitched
Street Surface US Highway/Interstate
Accessibility None
Road Frontage Boro/Township
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Lawrence Township Public Schools
Others
Tax ID 07-05703-00149
Ownership Fee Simple
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Bought with Dawn Buxton Monsport • Keller Williams Real Estate - Princeton
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "