2101 County Rd 516, Old Bridge, NJ 08857
2101 County Rd 516, Old Bridge, NJ 08857
2101 County Rd 516, Old Bridge, NJ 08857
2101 County Rd 516, Old Bridge, NJ 08857
2101 County Rd 516, Old Bridge, NJ 08857
2101 County Rd 516, Old Bridge, NJ 08857
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$ 2,500,000
Est. payment | /mo

5,000 SqFt


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$ 2,500,000
Est. payment | /mo
Save

5,000 SqFt

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $500

Municipality Old Bridge (OLD)

MLS Listing ID 22629143

Year Built 2000

Annual Tax Amount $35,271

Tax Year 2025

Lot Size 0.840 Acres

Acres 0.84

Property Sub-Type Office

Source MOREMLS (Monmouth Ocean Regional REALTORS®)

Property Description

Exceptional opportunity to own a highly visible, income-producing professional office/medical building situated on approximately 0.84 acres with abundant on-site parking. Built in 2000, this well-maintained property offers approximately 10,000 sq ft of total rentable space, including approximately 5,000 square feet on the main level and an additional approximately 5,000 square feet on the lower level. The property is fully built out for professional, medical and commercial office use and features multiple established suites with updated reception and waiting areas, conference rooms, private offices, kitchenettes, bathrooms and plumbing throughout many of the operational rooms. Suite A consists of approximately 2,500 square feet and is currently occupied by an orthodontist practice with a lease through July 1, 2027. Suite B is an approximately 600-square-foot fully renovated attorney's office with a lease through July 29, 2027. Suite C offers approximately 1,600 square feet with a reception area, waiting room and multiple offices; the longtime tenant remains responsible for rent under an existing lease despite the suite currently being physically vacant, creating potential future owner-user flexibility. The expansive lower level provides tremendous additional office, lounge, storage and mechanical space along with a bathroom, superior-wall foundation system, insulated ceiling and a large mechanical/storage area. Additional features include ADA accessibility, handicap parking, central vacuum servicing the suites, central fire and burglar monitoring, a complete security system, fire suppression sprinkler system professionally maintained annually with records, French drainage surrounding the property, sump pump, water filtration and pump servicing the orthodontic suite, and on-site dumpsters. Major recent improvements include five brand-new central air conditioning and forced hot-air systems, replacement of two of the three hot water heaters, an approximately 10-year-old roof and a newly installed approximately $20,000 full-color digital message board with cloud-based programming, time and temperature display. The attractive stucco exterior, asphalt roof, substantial parking capacity and flexible suite configuration make this an outstanding opportunity for an investor seeking existing rental income or an owner-user looking to establish a professional or medical presence in a prominent Route 516 location.

Location

State NJ

County Middlesex

Area None

Building/Complex Name None

Direction 2101 County Route 516, Old Bridge, NJ 08857

Rooms

Basement Finished, Full, Heated, Locked Storage, Tenant Access, Tenant Storage

Interior

Heating Forced Air

Cooling Central Air

Flooring Vinyl

Exterior

Parking Features Off Street, Lighted, On Site, Parking Lot, Open

Private Pool No

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5-15574-0000-00001-11-C0001

Monmouth Ocean MLS (MOMLS)
Listed by RE/MAX Central
NEARBY SCHOOL & BUSINESS
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Joseph Matassa

Joseph Matassa

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+1(732) 802-7100

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2101 County Rd 516