FOR SALE: ±9,616 SF Freestanding Office Building located at the entrance to the Princeton Junction Train Station. 37-41 Station Rd presents a rare opportunity to purchase a property within walking distance to the North East Corridor Train Station at Princeton Junction, providing quick and easy access to NYC or Philadelphia in an hour. The property is minutes from downtown Princeton, the Penn Medicine Hospital, and Princeton University. The property comprises a ±9,616 SF office building configured with 7 separate suites. Currently, 6 are rented providing stable income. However, there is an opportunity for more space in the building for an owner occupier. The property has an abundance of dedicated on-site parking and features a secondary parking lot which is currently being rented to a daily park operator, providing additional bonus income. New ownership will have the opportunity to collect this passive income or operate the parking business directly, proving a value add opportunity. Due to the existing in-place rental and parking income and potential upcoming vacancy, the property presents an ideal opportunity for an owner occupier needing quick access to the train station and a location in close proximity to Princeton. Ideal Professional Office Uses: IT Consulting, IT Staffing, Software, Accounting, Attorneys, Title Company, Real Estate Office, Tutoring, Counseling and Therapy, ABA Therapy, Disability Day Program, Engineering, Architecture, or any professional office use. Ideal Medical Uses: Physical Therapy, Dental, Primary Care, or any other Medical Office Use. Property Features: • ±9,616 SF 2 Story Office Building • ±.67 Total Acres between 2 Separate Lots • ±73 Total Parking Spaces including ±40 Daily Rental Spots for Income • 7 Total Suites w/ 6 Rented for Stable Income • Potential Vacancy for Owner Occupier • Newly Paved Parking Lot • Upgraded w/ Newer Roof and Facade • Walking Distance to Train Station • Next to Brand New ±600 Unit Avalon W Squared at Princeton Junction • Separate Electric and Gas Meters for Each Tenant • Zoned ROM-2 • Real Estate Taxes: $23,123 per year • Asking Price: $2,399,000
Parcel Size: 11.04 acres Zoning Classification: B-4 Planned Retail Village Center District Permitted Uses: This zoning district encourages a mix of neighborhood convenience retail uses, including fine dining, specialty shops, professional offices, residential options (subject to local regulations), and agricultural uses.Highlights: Located in a desirable area of West Windsor, this commercial land offers significant potential for development. The B-4 zoning encourages community-focused retail and services, making it ideal for businesses looking to establish a presence in a growing neighborhood. The large parcel size provides opportunities for expansion or additional construction.Investment Potential: The property is strategically positioned to attract both local residents and visitors, ensuring a steady customer base. It is ideal for developers seeking to create a vibrant retail hub or mixed-use development.
Princeton Junction is located in New Jersey. Princeton Junction, New Jersey has a population of 2,208. Princeton Junction is more family-centric than the surrounding county with 35.99% of the households containing married families with children. The county average for households married with children is 32.83%.
The median household income in Princeton Junction, New Jersey is $196,364. The median household income for the surrounding county is $85,687 compared to the national median of $69,021. The median age of people living in Princeton Junction is 47.9 years.
The average high temperature in July is 85.5 degrees, with an average low temperature in January of 22.3 degrees. The average rainfall is approximately 47.4 inches per year, with 24 inches of snow per year.
