126 State St, Hackensack, NJ 07601

This offering at 126 State Street in Hackensack, NJ, presents a significant commercial property opportunity. The building encompasses approximately ±13,000 square feet and is designed as a fully renovated medical office and laboratory asset. Its location in the heart of downtown Hackensack provides a strategic position for various professional uses. The property is categorized as commercial, with a building class of B and a height of 2 stories.

The interior of 126 State Street is modern and turnkey, featuring a fully built-out laboratory component. This immediate usability is ideal for tenants in the medical, research, or specialty office sectors, as it negates the typical time and capital investment associated with new construction or extensive buildouts. The property's subtype is not specified, but its current configuration suggests a strong suitability for life sciences and healthcare-related enterprises.

Originally constructed in 1988, the building has undergone significant renovations in recent years, with extensive capital improvements completed. Notably, the roof and utility systems were upgraded in 2017. These recent enhancements position the asset with reduced near-term maintenance obligations and contribute to improved operational efficiency. The property operates under multiple tenancies, offering flexibility for investors or owner-users.

Additional property facts include a price of $4,500,000 and zoning designated as COM. Parking is available with 22 spaces, equating to 1.69 spaces per 1,000 square feet leased. The property is suitable for investment or owner-user scenarios, providing a versatile platform for a range of commercial endeavors. The total land area is not specified in the provided data.