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1118 Main St
Rahway, NJ 07065

Dependable Auto · Retail Property For Sale

Investment Highlights

  • Located in Redevelopment Zone
  • Environmentals are clean.
  • All equipment included

Executive Summary

Car rental / Auto repair shop. land and business for sale. This is a 13,062sqft lot located in Rahway's Redevelopment zone. Business is cash flowing and a great turn key opportunity for an owner operator.
Environmentals are clean as well.

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Development Sale
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,600 SF
Building Class
C
Year Built
1950
Price
£2,376,238
Price Per SF
£1,485
Net Initial Yield
16.33%
NOI
£388,119
Percent Leased
25%
Number of Floors
1
Building FAR
0.11
Lot Size
0.34 AC
Zoning
CBD/R-2 - Commercial Business District/ Residential
Parking
18 Spaces (11.25 Spaces per 1,000 SF Leased)
Frontage
244 ft on Main St

Links

PROPERTY TAXES

Parcel Number 13-00308-0000-00001 Improvements Assessment £71,762
Land Assessment £96,396 Total Assessment £168,158

PROPERTY TAXES

Parcel Number
13-00308-0000-00001
Land Assessment
£96,396
Improvements Assessment
£71,762
Total Assessment
£168,158
 

  • Listing ID: 33114981

  • Date on Market: 09/09/2024

  • Last Updated:

  • Address: 1118 Main St, Rahway, NJ 07065

The Retail Property at 1118 Main St, Rahway, NJ 07065 is currently available for sale. Contact eXp for more information.

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