169 W Main St Under Contract

Rahway City,NJ 07065

$ 2200000

- Bed

- Bath

0 SqFt


Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

Subdivision Union County Performing Art

MLS Listing ID 3837505

Year Built 1890

Annual Tax Amount $21,453

Tax Year 2022

Lot Size 0.300 Acres

Property Description

BACK ON MARKET, LOCATED IN UPCOMING DOWNTOWN RAHWAY ARTS DISTRICT, BEHIND THE UNION COUNTY PERFORMING ARTS CENTER, BLOCKS FROM THE HAMILTON STAGE ARTS CENTER AND JUST BLOCKS AWAY FROM NJ TRANSIT TRAIN STATION AND NUMEROUS OTHER RESTAURANTS AND BARS, THE COMPLEX CONTAINS A MULTI LEVEL CITY APPROVED 380 CAPACITY RESTAURANT AND BAR, 2 LARGE DUPLEX APARTMENTS ABOVE. lIQUOR LICENSE. LARGE PARKING LOT WITH 30 PLUS PARKING,SPACES, A RIVER VIEW. THERE IS TREMENDOUS REDEVELOPMENT IN DOWNTOWN, NUMEROUS EATERIES, BARS HAVE RECENTLY OPENED AND THOUSANDS OF NEW APTS BUILT OR ABOUT TO BE BUILT. THERE IS A STRONG MARKET FOR APT RENTALS. THIS PROPERTY IS JUST MINUTES FROM RTES 1&9 AND QUICK RIDE TO GSP..REAR PART OF BUILDING DAMAGED BY KITCHEN FIRE, BUT MAIN BUILDING AND BASEMENT ARE FULLY IN TACT, PLUS SALE INCLUDES 171 MAIN WHICH IS CONNECTED NEXT DOOR AND CONTAINS COMBINED 2 OTHER 2 & 3 BEDROOM UNITS AND HUGE REAR YARD WITH POTENTIAL FOR POSSIBLE BEER GARDEN OR OTHER USE. THESE 2 APT UNITS ARE FULLY OCCUPIED..

Location

State NJ

County Union

Zoning com/residenti

Interior

Heating Gas-Natural

Cooling Central Air, Window A/C(s)

Flooring Carpeting, Tile, Vinyl-Linoleum

Equipment Appliances, Kitchen Area, Restrooms - Private, Restrooms - Public, Security System, Smoke Detector, Sprinkler System

Exterior

Exterior Feature Vinyl Siding

Utilities Available Gas In Street

Roof Type Asphalt Shingle

Building

Lot Description Stream On Lot, Wooded Lot

Story 2

Sewer Public Sewer

Water Public Water

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