Your email has been sent.
1262-1264 US-22 4,202 SF Retail Building Lebanon, NJ 08833 $1,399,000 ($332.94/SF)
INVESTMENT HIGHLIGHTS
- Direct access to major thoroughfare that offers excellent visibility and traffic exposure with 125 feet of frontage.
- Income producing residential rental property plus Auto Body Repair Shop, amazing investment opportunity.
- Inclusion of a approx. 4 year old USI Italia gas-fired downdraft spray booth and paint mixing room.
EXECUTIVE SUMMARY
PROPERTY FACTS
ABOUT 1262-1264 US-22 , LEBANON, NJ 08833
Rare opportunity to own a fully equipped auto body repair shop with a single-family home on 0.57 acres with high visibility. Both property and business are for sale. This property offers both a thriving business opportunity and reliable rental income. The auto body facility features 5 bays, a newer state-of-the-art USI Italia gas fired downdraft drive-through spray booth with rear access, mixing room, furnace/utility room, parts shed, and a recently renovated bathroom. The shop has been upgraded with a new roof, new siding, and approximately $250,000 in recent investments in building improvements and equipment. The attached residence includes a 3-bedroom, 1-bath rental unit with a newly renovated bathroom (tub and tile floor), updated eat-in kitchen with granite counters and stainless steel appliances, spacious living room, office on 2nd floor and a full basement with laundry & Storage. Additional updates include a new roof in 2007 and all new windows within the last few years. The tenant is currently on a month-to-month lease at $2,100 per month. The other half of the residence provides an office and waiting room for the business, creating a professional and customer-friendly environment. 20 Parking spots for business and rental. This is an ideal opportunity for an owner-operator or investor looking for a live, work, and income-producing property. High-visibility location offers excellent exposure and accessibility.
PROPERTY TAXES
| Parcel Number | 18-00004-0000-00008 | Improvements Assessment | $266,600 |
| Land Assessment | $206,200 | Total Assessment | $472,800 |
PROPERTY TAXES
Presented by
1262-1264 US-22
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.