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273 Washington Rd
Sayreville, NJ 08872
Retail Property For Sale

Investment Highlights

  • Prime Visible Location w/ Easy Access to Major Highways
  • Independent Gas Station w/ 4 Pumps
  • .87 Acres w/ 200' Frontage. Potential to Re-Develop or Add Convenience
  • Full Service Established Auto Business
  • Beautifully Renovated 3 Bedroom 2 Bath Apartment
  • Income Producing Property w/ Wide Range of Potential Uses

Property Facts

Property Type
Retail
Property Subtype
Service Station
Building Size
3,296 SF
Building Class
C
Year Built
1940
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.87 AC
Zoning
R10
Frontage
200’ on Washington Rd

About 273 WASHINGTON RD , SAYREVILLE, NJ 08872

Prime Location Owner Occupied/ Investor/ Income Producing Opportunity For Sale Property Description: 273 Washington Rd. is a multi-faceted opportunity. The property includes an operating Income Producing Auto Repair Facility with a sixty plus year track record, an Independently Branded Gas Station with 4 Pumps, and a Beautifully renovated Income producing Residential Apartment on Site. Sitting on almost 1 Acre of a Prime stretch of County Rd 535, the property has visibility and 200' of frontage. The property sits on a highly traveled thoroughfare between the NJTP/ Route 18 Corridor and the Garden State Parkway. Property Details: - Auto Repair Facility has Customer Waiting Area and Office, 3 Overhead Drive In Bays Including a Drive-Through, 3 Lifts, and All Existing Equipment and Supplies. Long term customer base and contracts are in place making this a turn-key business. - Gas Station has 4 Pumps. Currently Leased and Income Producing. Potential Purchaser could Operate the Gas themselves for added Income or Continue Existing Lease and Collect Passive Income. - Apartment is Completely Renovated w/ Living Room, 2 Bathrooms, 3 bedrooms, Kitchen, Playroom, and Several Added Storage Rooms. Easily Rentable for Income or Potential for Owner to Live On-Site. - Total Land: .87 Acres w/ 200' of Frontage. The property has added Extra Land which is currently used for Vehicle Parking. There is plenty of Excess room to Park additional Vehicles on the Property. - Extra Land Could Also Potentially be Developed to Accommodate A Convenience Store or the Entire Property could be Re-Developed for Convenience/Gas/ Auto Related Uses. Ideal Uses: - Owner/Occupied Repair Station Operator Collecting Rent From Gas and Residential Tenants. - Gas Operator Running the Station, Leasing Operating Auto Repair Business to Tenant and Collecting Added Income from Auto & Residential Tenants. - Fleet Related Business Such As: Trucking Company, Limousine, Contractor, or Any User Needing Vehicle Parking utilizing the Outdoor Parking/ Storage and Collecting Income from Auto/Gas/ Residential Tenants. - Developer re-developing the entire property or adding convenience to the site. Summary: The property has a wide range of potential possibilities and can be adapted to fit the needs of the prospective purchaser. With strong income, stable tenancies, and a long track record, the property is an ideal investment for properties of this kind. Currently an Open and Operating Business. DO NOT GO TO PROPERTY WITHOUT FIRST CONTACTING BROKER AND ARRANGING APPOINTMENT. NDA will need to be signed prior to the release of any confidential information. Please call for more information or to schedule a site visit.

Property Taxes

Property Taxes

Parcel Number
19-00136-0000-00028-08
Land Assessment
$264,600
Improvements Assessment
$264,300
Total Assessment
$528,900
  • Listing ID: 16372297

  • Date on Market: 6/17/2019

  • Last Updated:

  • Address: 273 Washington Rd, Sayreville, NJ 08872

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