Office Space For Lease @ 83 Princeton Ave

SVN is pleased to present a rare and highly unique opportunity to acquire the majority interest of a professional office condominium complex. The offering is for 11 of the 12 units that comprise the 83 Princeton Avenue Condominium Association, which represents approximately 95% of the complex. The units are within a 3-story, elevator served professional office building that is situated on approximately one acre of ground in a desirable location in immediate proximity of downtown Hopewell Borough. The gross building area is approximately 13,522 SF and the area of the available units totals approximately 12,797 SF. The building itself has a stately presentation and is situated in a park-like environment – directly across the street from St. Michaels Preserve, a 400-acre expanse of farm fields, forests and walking trails along the edge of Hopewell Borough. Hopewell is a highly desirable community with a number of distinctive shops and eateries. The offering represents an exceptional value-add investment with immediate rental income from owner-leasebacks of a number of the units. Additional value is created by the potential for future condominium association dissolution, fee-simple conversion and operating expense reduction. There is also an excellent opportunity for interested investors who need office space to occupy portions of the building. This space offers accomodations for: office building.