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700 N Broad St 1,200 - 2,000 sq ft Office Units Offered at £319,645 - £601,685 Per Unit in Elizabeth, NJ 07208

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INVESTMENT HIGHLIGHTS

  • Tons of Parking
  • Run Efficiently
  • Common Waiting Area

EXECUTIVE SUMMARY

Three story, solid and classic building with "no wasted space." the atrium hosts a waiting area, so your own office can be that much more efficient. This is a prestigious and highly visible property, within the Westminster Section. Professionally managed for more than 30 years, Tons of Parking, On bus lines, Near Major Medical Centers , accessible in all ways This is a destination.

PROPERTY FACTS

Total Property Size 12,126 sq ft
Property Type Office
Property Subtype
Medical
  • Office - Studio / Creative Space
  • Office Telecom Hotel Data Hosting
  • Light Industrial Telecom Hotel Data Hosting
Costar Property Class B
Floors 3
Typical Floor Size 4,042 sq ft
Year Built 1970
Total Plot Size 0.63 ac
Parking Allocation 4.12/1,000 sq ft
Use Class variance for 50 years cml - First floor, front-facing, redone; in Prof'l Building w 50+ Park spots Low Taxes, Excellent services, Westminster Section.

AMENITIES

  • 24 Hour Access
  • Fenced Lot
  • Signage
  • Central Heating
  • Fully Carpeted
  • Wi-Fi
  • Air Conditioning

2 UNITS AVAILABLE

Unit 103

Unit Size 1,200 sq ft
Price £319,645
Price Per sq ft £266.37
Unit Use Office
Sale Type Investment or Owner Occupier
Net Initial Yield 7.06%
NOI £22,563.18
DESCRIPTION

Modernized, lots of parking, perfect for medical use.

Unit 302

Unit Size 2,000 sq ft
Price £601,685
Price Per sq ft £300.84
Unit Use Office
Sale Type Owner Occupier
DESCRIPTION

Also Available For Sale

SALE NOTES

Also Available For Sale

Walk Score®
Easily Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures how walkable a location is.
Transit Score® measures access to public transport.
Bike Score® measures how accessible a location is by bike
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures how walkable
a location is. Transit Score®
measures access to public transport. Bike Score®
measures how accessible a location is by bike®
  • Listing ID: 35238088

  • Date on Market: 24/03/2025

  • Last Updated:

  • Address: 700 N Broad St, Elizabeth, NJ 07208

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