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16 Chambers St
Princeton, NJ 08542 Downtown Princeton

$7,550,000 USD

Medical For Sale • 6,314 SF

Property Details

Property Type Medical
Total Building Size 6,314 SF
Lot Size 0.1 AC
Building Class B
Year Built 1930
Cap Rate 5.00 %
Tenancy Multiple
Zoning CB

0 Transit Score

95 Walk Score

                
                    Highlights
                
                                16 Chambers Street is a fully leased Class A medical investment with long-term NNN income stability in Princeton’s premier downtown market.
                            
                                Recently transformed with a $1M laboratory build-out and full interior renovation featuring advanced systems and high-end medical-grade finishes.
                            
                                Tenants include Kindbody, a Google-backed fertility innovator, and Emids, a leading digital healthcare firm, both secured under long-term leases.
                            
                                Central Business District zoning allows vertical expansion up to 65 feet, presenting investors with potential for future value creation.
                            
                                Steps from Princeton University and Palmer Square, surrounded by luxury retailers, fine dining, and cultural landmarks in a vibrant walkable setting.
                            
                                Excellent accessibility near public parking, major highways, and Princeton Junction Station with direct rail connections to NYC and Philadelphia.

Property Flyers

View 16 Chambers Streer Offer Memorandum

Cap Rate:

5.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Emids
Kindbody

Amenities

Commuter Rail
Signage
Wheelchair Accessible
Air Conditioning
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Princeton (Princeton Branch - NJ Transit Commuter Rail (NJ Transit))	1 min	10 min	0.5 mi
Princeton Junction (Northeast Corridor Line - NJ Transit Commuter Rail (NJ Transit), Princeton Branch - NJ Transit Commuter Rail (NJ Transit))	8 min	-	3.5 mi
Airport	Drive	Walk	Distance
Trenton Mercer	23 min	-	13.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Lauri Names 609-375-0774 Princeton Realty Management Group

16 Chambers St Princeton, NJ 08542 Downtown Princeton