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About This Home
This property stands out as a 4-unit professional medical building on a 0.60-acre corner lot. Built in 1968, the 7,226-square-foot structure sits at 515 Church St in Bound Brook Boro, NJ and is currently 100 percent leased. It offers multi-unit cooling and abundant parking for tenants and visitors.
The building is positioned minutes from Route 28, Route 22, Interstate 287, and RWJ University Hospital Somerset, making it convenient for medical and general office users. Annual net operating income is reported at $89,626.48, reflecting a 6 percent capitalization rate. Whether purchased as an investment property or for owner-user medical and office purposes, the layout supports multiple professional practices within one structure.
UNBELIVABLE: 4-UNIT PROF. MEDICAL BUILDING FOR SALE. CORNER LOCATION WITH ABUNDANT PARKING 100% LEASED, EXCELLENT INVESTMENT PROPERTY OR IDEAL OWNER/USER FOR MEDICAL AND/OR GENERAL OFFICE USER..MINUTES FROM RT 28, 22, I-287 AND RWJ UNIVERSITY HOSPITAL SOMERSET, NOI: $89,626.48 6% CAP
Key Features
- Built in 1968
- 0.60 acre lot
Property Details
Monthly Cost Estimate
$7,482/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
515 Church St
Bound Brook Boro, NJ 08805
Property Details
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 515 Church St is listed at $1,399,000 ($194/sqft). The estimated monthly payment is $6,062 based on 20% down at 6.5% interest.
Key features include: Built in 1968, 0.60 acre lot.
This property is listed by Timothy Deluccia and can be reached at 9089386405 or Tim.Deluccia@foxroach.com.