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184 South Ave 1,661 SF 100% Leased Retail Building Fanwood, NJ 07023 $1,525,000 ($918.29/SF) 7% Cap Rate


Investment Highlights
- Heavy traffic area
- Corner lot
- One block from train station
Executive Summary
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
About 184 SOUTH AVE , FANWOOD, NJ 07023
Well-Established & Trusted Mechanical Repair Business + Real Estate This is a rare opportunity to acquire a highly successful, long-established full-service mechanical repair business — including the real estate. After more than 40 years of dedicated ownership, the founders are ready to retire and begin their next chapter. Since 1985, they have built this business from the ground up, earning a stellar reputation for quality workmanship, integrity, and dependable service. Ideally located in downtown Fanwood, just steps from the Fanwood Train Station, the shop benefits from excellent visibility and accessibility. Through decades of serving friends, neighbors, and the surrounding community, the business has cultivated a loyal and repeat customer base that continues to generate steady, consistent revenue. Strong Growth Potential This operation offers mechanical repair services — provides excellent revenue and significant upside potential. An ambitious Owner/Operator can step in and immediately capitalize on the established name, repeat clientele, and outstanding local reputation. Truly Turn-Key This offer includes: • The operating business • The building and real estate • All equipment You can be fully operational on day one after closing, with everything in place to continue serving customers seamlessly. Property Highlights The well-maintained building features: • A welcoming front desk reception area • Rear storage space with a kitchenette • Three fully functional service bays Situated on a high-traffic corner lot at Route 28 (South Avenue) and Third Street, the location offers excellent visibility and convenient access from a broad surrounding area. Financials are available to qualified buyers. Don’t miss this opportunity to own a respected local business, control your future, and step confidently into business ownership.
Nearby Major Retailers
Property Taxes
| Parcel Number | 05-00060-0000-00001 | Total Assessment | $674,000 |
| Land Assessment | $583,200 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $90,800 | Tax Year | 2025 |
Property Taxes
Presented by
184 South Ave
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