Properties

Description

Exceptional mixed-use investment opportunity in the heart of Rahway! This fully renovated three-story building, updated in 2012, is ideally situated directly across from the Union County Performing Arts Center, offering outstanding visibility and a prime downtown location.The property features approximately 950 square feet of ground-floor retail space along with two residential apartments has amazing earning potential. The residential units include a spacious 3-bedroom, 2-bath apartment and a 3-bedroom, 1-bath apartment. Extensive renovations over the years include a brand-new stucco facade, partially replaced windows, updated kitchens and bathrooms, bamboo and ceramic tile flooring throughout, new furnaces and water heaters, updated plumbing and electrical systems, plus new sheetrock, doors, and trim. This well-maintained, turnkey property is an ideal addition to any investment portfolio, offering immediate cash flow potential.

Features

  • Heating System : Baseboard - Hotwater, Multi-zone, 2 Units
  • Cooling System : Window A/c(s)
  • Roof Deck : Rubberized
  • Tax Assessed Valuation: 160000
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric, Gas-Natural
  • Internet

Additional Info

  • Office Name: KELLER WILLIAMS REALTY
  • Office MLS ID: 5328
  • Agent ID: 285515
  • Tax: 12433
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: S01-COMM

Commercial For Sale

For Sale
$795,000

1582 Irving St, Rahway City, *

  • SQFT 24 Acre
  • Built Year 1930

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5443949
  • Price: $795,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1930
  • Year Built Description: Approximate
  • Lot Area: 24 Acre
  • Status: Active
  • Days On Market: 102

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Union
  • City Rahway City
  • Zipcode *
  • Street: Irving St
  • Street Number: 1582
  • Street Direction: St Georges Ave to West Grand Ave to Irving St (acr
  • Floor Number: 0
  • Longitude: W75° 43' 23.4''
  • Latitude: N40° 36' 36.9''
  • Internet Display Address: Yes
Property