351 Evelyn St - Medical FOR SALE


Paramus, NJ 07652
$4,350,000 USD
908-770-0686
351 Evelyn St, Paramus, NJ for Sale
$4,350,000 USD
Medical - FOR SALE
1/9
null | Request Cap Rate

Jun '25


351 Evelyn St
Paramus, NJ 07652


HIGHLIGHTS

  • Premier Paramus Medical Investment
  • Ideal for User / Investor - 2,450 SF Fully Fit-Out Medical Space Available for User
  • Clinical Tenants - Surgery Centers

OVERVIEW

Brand New to the Market! Premier Medical Office Investment. 351 Evelyn Street, Paramus, NJ 07652 • 19,402 SF Three Story Medical-Office Investment • 87.3% Occupied - Ideal Opportunity for a User / Investor • 2,450 SF Fit-Out Medical Space Available for User. (Former Orthopedic Practice). • Asking Price: $4,350,000 • The building is currently 87.3% occupied with 4 Medical Tenants which include LasikPlus Eye Surgery Center, BAXT CosMedical Cosmetic and Medical Dermatology Laser Surgery Center, Dr. Dayna Cassandra General & Cosmetic Dentistry, and Intervention Strategies International Mental Health. • Zoning: Highway Corridor Commercial (HCC) Permitted uses include a wide variety of retail, service and office uses including medical offices and medical clinics. • Parking: 90 covered, surface spaces. Parking Ratio: 4.7 / 1,000 • The building has 1 passenger elevator. • Year Built: 1980. Renovated in 2023. • The property is located right off heavily traveled Route 17. • HVAC: Central A/C and Gas-fired forced air • Foundation: Masonry Slab • Exterior Walls / Framing: Structural steel with masonry and concrete encasement • Roof: Flat roof with membrane • Fire Protection: Wet sprinkler system Paramus Borough has a high concentration of retail and office developments in Route 4 and 17 corridors. These areas are among the most successful retail locations in the state and the nation. Paramus contains several large shopping malls including Westfield Garden State Plaza, Bergen Towne Center, Paramus Park, and The Fashion Center as well as smaller strip centers and standalone retail stores. The town is well served by the extensive network of major highways including Routes 4, 17 and 208, the Garden State Parkway and numerous county and other secondary roads. In addition, the Borough is serviced by local private bus service which provides access to New York City as well as New Jersey Transit bus service which provides access from the surrounding communities to the extensive retail destinations located along nearby highways Please reach out to Matt Miller for additional financial information. Email: matt@legacyrealynj.com Cell: 908-770-0686

FOR SALE DETAILS

PRICE

$4,350,000 USD

PRICE/SF

$224 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

H&H Properties

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Telecom Hotel/Data Hosting, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

1.01 AC

LAND SF

43,996 SF

ZONING

HCC

APN/PARCEL ID

46-03601-0000-00004

ASK ABOUT THIS PROPERTY

Matt MillerLegacy Commercial Realty, LLCMore Info
908-770-0686

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Matt MillerLegacy Commercial Realty, LLCMore Info
908-770-0686

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.