1505 Main St Active Save Request In-Person Tour Request Virtual Tour
Rahway City,NJ 07065
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3914898
Annual Tax Amount $13,071
Tax Year 2023
Lot Size 4,356 Sqft
Property Description
1505-1507 Main Street Is a mixed use building consisting of 3 floors with a highly successful Peruvian Restaurant of 4,280 Sq Ft. on the 1st floor with outdoor setting. The 2nd and 3rd floors are (2) 2 bedroom Apartments.Building is located in the heart of downtown Rahway. This location offers easy access to NYC Trains,Buses and major highways,making it highly desirable for commuters into Manhattan. The Downtown has had significant development in recent years,with hundreds of new luxury apartments and retail shops.Along with new Shops and Restaurants.This assets is a great addition to your Real Estate portfolio.Offering a 6.00% Cap Rate.
Location
State NJ
County Union
Zoning Commercial
Interior
Heating Gas-Natural
Cooling Central Air
Flooring Tile
Equipment See Remarks
Exterior
Exterior Feature Concrete
Utilities Available Electric, Gas-Natural
Roof Type Flat
Building
Story 3
Sewer Public Sewer
Water Public Water