$2,650,000
1505 Main St Rahway City, NJ 07065
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$2,650,000
Est. payment /mo
4,356 Sqft Lot
Active
1505 Main St Rahway City, NJ 07065
UPDATED:
07/23/2024 05:01 PM
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
Rooms
Basement Full
Interior
Heating Gas-Natural
Cooling Central Air
Flooring Tile
Equipment See Remarks
Heat Source Gas-Natural
Exterior
Exterior Feature Concrete
Utilities Available Electric, Gas-Natural
Roof Type Flat
Parking Type See Remarks
Building
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by C-21 MAIN STREET REALTY
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