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Office Building Sold - Middlesex County

2501 Route 516 , Old Bridge, NJ 08856

Property Details

2501 Route 516 , Old Bridge, NJ 08856

Office Building

Motivated Seller! Price has been reduced for 60 days (February 1, 2019 to March 31, 2019) from $1,500,000.00 to $1,200,000.00. 

Approx. 7,000 sf Class B office building on first & second floors with an additional approx. 3,500 sf in the lower level. A small portion of the lower level is currently being leased by a tenant. The balance of the lower level space in the basement also has 9+ ft. ceilings. Lot has an abundance of parking.

Location Description:
Located on highly traveled Route 516 within close proximity to Route 18, Route 9 and GSP. Building overlooks a beautiful pond and is very scenic.

Additional Details
Taxes: $35,700 (2017)
Occupancy: 79% on main level & 2nd floor
Tenancy Type: Multiple
Zoning: OG-1
Building Size: Approx. 7,000 SF on main level & 2nd floor
Lot Size: 1.11 Acres
Adrian Kroll
Broker of Record
(732)613-8100 Ext 16 - Office