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260 W Scott Ave 2,029 SF 67% Leased Retail Building Rahway, NJ 07065 $2,075,000 ($1,022.67/SF)
EXECUTIVE SUMMARY
Great Opportunity to Run your own Successful Mechanic Shop while collecting rent from 2 other great tenants. For sale is a Car Wash, Mechanic Shop and Auto Dealership. The successful mechanic shop will be handed over to the new owner ready for continued business. The Car wash and Dealership are currently rented out with leases in Place. Also a great opportunity for an investor to possibly collect $14,500 if all 3 places are rented out. This is a great location B1 Neighborhood Business Zone. There were plans to build condo units in this location. The Mechanic Shop will be sold with both Lifts and a continued successful business. The new owner can either run the mechanic shop or rent it out for a great investment opportunity. Located in a great B1 Zone, Neighborhood Business, make all the neighbors your go to place.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,029 SF
Building Class
C
Year Built
1945
Price
$2,075,000
Price Per SF
$1,022.67
Percent Leased
67%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
0.40 AC
Zoning
B1 - B1 Neighborhood Business Zone
Parking
23 Spaces (11.34 Spaces per 1,000 SF Leased)
Frontage
Bike Score®
Very Bikeable (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 13-00225-0000-00008-03 | Improvements Assessment | $121,500 |
| Land Assessment | $106,000 | Total Assessment | $227,500 |
PROPERTY TAXES
Parcel Number
13-00225-0000-00008-03
Land Assessment
$106,000
Improvements Assessment
$121,500
Total Assessment
$227,500
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260 W Scott Ave
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