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735 E Hazelwood Ave 922 SF Retail Building Rahway, NJ 07065 $859,999 ($932.75/SF)
Investment Highlights
- Heavy Vehicle Traffic
- Commerical
- Corner Lot
- Mixed-use
Executive Summary
Prime opportunity in a high-visibility location at a signalized corner, with approximately 10,000 vehicles passing daily. This site represents one of the last remaining commercial land parcels in Rahway, offering exceptional exposure and development potential. Zoned B-1 Business, the property is well- suited for a variety of uses, including mixed-use development with ground-floor commercial and residential units above, or standalone retail such as a cafe, convenience store, strip center, childcare center, restaurant, bank, or medical office. Ideally located just five minutes from the Rahway Train Station. Utilities onsite. Please note the business is not for sale. Strictly Land & building sale ONLY.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
922 SF
Building Class
C
Year Built
1952
Price
$859,999
Price Per SF
$932.75
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.36 AC
Zoning
B1 - Located in B1 Business Zone, can be possible Site for Mix Use with Commercial on 1st Floor & Apartments above or FreeStanding Retail, Day Care etc
Parking
50 Spaces (54.23 Spaces per 1,000 SF Leased)
Frontage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Management of Companies and Enterprises
- -
- -
- -
Dairy Queen began in 1940 when John Fremont McCullough created a new soft-serve formula in Illinois. The first store's immediate success led to rapid franchising across America. Today, the company operates through a franchise model offering both frozen desserts and fast food items. While maintaining its signature soft-serve products, the menu expanded to include Blizzard Treats and various grilled food options. Dairy Queen has established a significant international presence through its franchise network.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Management of Companies and Enterprises | - | - | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 13-00346-0000-00010 | Improvements Assessment | $42,700 |
| Land Assessment | $195,200 | Total Assessment | $237,900 |
Property Taxes
Parcel Number
13-00346-0000-00010
Land Assessment
$195,200
Improvements Assessment
$42,700
Total Assessment
$237,900
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Presented by
Kalian Real Estate
735 E Hazelwood Ave
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