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1700-58 Myrtle Avenue UNIT 58,Plainfield City NJ, 07063

34,000 sq. ft
Status: Active
MLS#: 3337459
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Berkshire Hathaway HomeServices New Jersey Properties
(800) 548-3466

Last Updated: 3/26/2017 3:51 AM
Description for 1700-58 Myrtle Avenue Plainfield City, NJ 07063
Modern 3 level, 34000SF Professional Medical Building w/166 veh parking lot; a 2300SF Annex and 3 acres of vacant land suitable for development. MEDICAL SERVICES WILL CONTINUE WITHOUT INTERRUPTION. Main bldg., annex and pkg lot sold under a 25 year Triple Net Lease-back arrangement to current owners yielding a 4.5% ROI at list price.3.08 acres of unimproved land can be developed for substantial additional profit to savvy investor making this property exceptionally profitable. The lease-back provision generates a solid investment return while the land development offers extraordinary rewards. Zoning allows construction of Single & Multi-family homes, Condo/Apts or complimentary medical buildings such as a Dr's Medical Group Office, Nursing home, Re-hab facility or Pharmacy.
Listing Information
Property Type: Office, 2 Story
Union 7.08 Acres
1996 Yes
Public Water Service
Public Sewer
Room Information
Interior Features
Central Air, Window/Wall Unit
Exterior / Lot Features
166 Parking Spaces, Asphalt
Listing Price History for 1700-58 Myrtle Avenue

Plainfield City Real Estate

Plainfield City is located in New Jersey.

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Courtesy: Re/Max Properties Unlimited Frank Dandrea
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