Hopewell Professional Office

83 Princeton Ave, Hopewell, NJ 08525

  • For Sale Subject to Offer
  • Property Type Office - General Office
  • Property Size 13,522 SF
  • Units 12
  • Lot Size 0.96 Acre
  • Parking Spaces Avail. 50
  • Parking Ratio 3.70 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1987
  • Date Updated Apr 26, 2024
Hopewell Township is located in Mercer County, New Jersey, within the Raritan Valley region. The township is an exurb of the New York City metropolitan area, as defined by the United States Census Bureau. Hopewell also directly borders the Philadelphia metropolitan area, being a part of the Federal Communications Commission's Philadelphia Designated Market Area. The property is located on Princeton-Hopewell Road (a/k/a Princeton Avenue) within walking distance of Hopewell Borough and is situated 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.SVN is pleased to present a rare and highly unique opportunity to acquire a professional office condominium complex. The 12 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. 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.SVN is delighted to present 83 Princeton Avenue in Hopewell, a premier free-standing office building situated in a highly sought-after location in Hopewell Township, New Jersey. This impressive 3-story, elevator-served professional office building rests on approximately one acre of land in a coveted area and enjoys immediate proximity to downtown Hopewell Borough. With multiple units available, ranging from 1,029 SF± to 1,538± SF, each boasting turnkey setups and functional floor plans, this property offers versatility to suit various business needs. The building presents a distinguished appearance, accommodating a range of medical and professional offices within a serene park-like setting. Its advantageous location is further enhanced by its proximity to St. Michaels Preserve, a sprawling 400-acre expanse of farm fields, forests, and walking trails along the outskirts of Hopewell Borough. Conveniently accessible, this location offers easy reach to a plethora of distinctive shops and restaurants, providing a rich array of amenities to tenants and visitors alike. With a strong demographic profile, this property presents an attractive opportunity for businesses seeking an upscale office environment in an amenity-rich locale.

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Highlights

  • Value-add, multi-tenant investment opportunity
  • Freestanding Building (Recent Fee-Simple Conversion)
  • 3-story, elevator served building
  • 0.98 AC ± land area
  • Ample parking - 50+ parking spaces
  • Total building area of 13,522 SF ± (12 units)
  • Excellent Opportunity for investors and owner/users
  • Ideal for both medical and professional office users
  • Immediate income from several leased back units
  • Potential future fee-simple conversion
  • Exceptional location within walking distance of Hopewell Borough
  • Convenient location for business and consumer access
  • Proximate to affluent and populated residential neighborhoods
  • Highly desirable market with quality demographic profile
  • Close proximity to Rt.518, Rt.31, and I-95/I-295.

Contacts

broker

Chichi E. Ahia, SIOR

SVN | Ahia Commercial Real Estate

(215) 757-2500

Location

Getting Around

  • Walk Score ®

    37/100 Car-Dependent
  • Bike Score ®

    34/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Hopewell, NJ
  • Neighborhood Hopewell
  • Zip Code 08525
  • Market New Jersey

Points of Interest

  • Princeton

    5.93 miles

  • A & B Princeton Taxi and Limo Services

    7.92 miles

  • Princeton Junction

    8.44 miles

  • Browne Station

    8.61 miles

  • West Trenton

    9.38 miles

  • Hamilton

    9.39 miles

  • Flemington Station

    9.90 miles

  • Leigh's Service Station

    0.10 miles

  • Citgo

    0.10 miles

  • Delta

    2.99 miles

  • Exxon

    4.57 miles

  • QuickChek

    4.75 miles

  • Sunoco

    5.25 miles

  • Exxon

    5.35 miles

  • Sunoco

    5.43 miles

  • BP

    5.57 miles

  • Lukoil

    5.57 miles

  • Lawrence Hopewell Trail Parking

    2.04 miles

  • Lawrence Hopewell Trail Parking

    2.45 miles

  • Parking Lot A

    3.61 miles

  • Lawrence Hopewell Trail Parking

    3.69 miles

  • Lawrence Hopewell Trail Parking

    3.76 miles

  • Parking Lot B

    3.83 miles

  • Lawrence Hopewell Trail Parking

    3.85 miles

  • Lawrence Hopewell Trail Parking

    3.94 miles

  • Parking Lot C

    4.17 miles

  • Parking Lot D

    4.44 miles

  • Peacock Inn

    5.39 miles

  • Nassau Inn

    5.52 miles

  • Residence Inn Princeton at Carnegie Center

    6.91 miles

  • Hyatt Place Princeton

    6.96 miles

  • SpringHill Suites Ewing Princeton South

    7.05 miles

  • Clarion Hotel Palmer Inn

    7.07 miles

  • Extended Stay America

    7.22 miles

  • Hyatt Regency Princeton

    7.25 miles

  • Element Ewing Princeton

    7.38 miles

  • Courtyard Ewing Princeton

    7.43 miles

  • The Brother's Moon

    0.40 miles

  • Antimo's Italian Kitchen

    0.41 miles

  • Nomad Pizza

    0.43 miles

  • China Wok

    0.43 miles

  • Franco's Pizza

    0.52 miles

  • Brick Farm Tavern

    0.80 miles

  • Subway

    4.03 miles

  • Dunkin'

    4.05 miles

  • Osteria Procaccini

    4.15 miles

  • Vito's Pizza

    4.36 miles

  • Hopewell Elementary School

    0.19 miles

  • Princeton Academy of the Sacred Heart School

    2.99 miles

  • Princeton Montessori School

    3.20 miles

  • Montgomery Township High School

    3.49 miles

  • Princeton Day School

    3.82 miles

  • Woodcroft School

    3.97 miles

  • Princeton Child Development Institute School

    3.99 miles

  • Waldorf School of Princeton

    3.99 miles

  • Johnson and Johnson Child Development Center School

    4.04 miles

  • Pennington Montessori School

    4.11 miles

  • BMS Lawrenceville Childcare Center

    4.82 miles

  • The Goddard School

    7.00 miles

  • Child Development Center at Bristol-Myers Squibb

    8.17 miles

  • KinderCare

    9.17 miles

  • JEI Learning Center

    9.25 miles

  • Kiddie Academy

    9.38 miles

  • Seedlings

    9.55 miles

  • seedlings

    9.56 miles

  • Springdale Academy

    9.63 miles

  • Little Kids College

    9.87 miles

Frequently Asked Questions

What is the total square footage of Hopewell Professional Office?

Hopewell Professional Office totals 13,522 square feet.

When was this property built?

Hopewell Professional Office was built in 1987.

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Contact Listing Broker

broker

Chichi E. Ahia, SIOR

SVN | Ahia Commercial Real Estate

(215) 757-2500