Properties

Description

1505-1507 Main Street Is a mixed use building consisting of 3 floors with a highly successful Peruvian Restaurant of 4,280 Sq Ft. on the 1st floor with outdoor setting. The 2nd and 3rd floors are (2) 2 bedroom Apartments.Building is located in the heart of downtown Rahway. This location offers easy access to NYC Trains,Buses and major highways,making it highly desirable for commuters into Manhattan. The Downtown has had significant development in recent years,with hundreds of new luxury apartments and retail shops.Along with new Shops and Restaurants.This assets is a great addition to your Real Estate portfolio.Offering a 6.00% Cap Rate.

Features

  • Heating System : See Remarks
  • Cooling System : Central Air
  • Basement : Full
  • Roof Deck : Flat
  • Furnished : Tile
  • Tax Assessed Valuation: 178300
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric, Gas-Natural

Additional Info

  • Office Name: C-21 MAIN STREET REALTY
  • Office MLS ID: 0374
  • Agent ID: 251958
  • Tax: 13071
  • Tax Year: 2023
  • Application Fee: $0
  • Zoning: Commercial

Commercial For Sale

For Sale
$2,650,000

1505 Main St, Rahway City, *

  • SQFT 34 Acre

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5302326
  • Price: $2,650,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 0
  • Year Built Description: Approximate
  • Lot Area: 34 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Map

Address Map

  • Country US
  • County Union
  • City Rahway City
  • Zipcode *
  • Street: Main St
  • Street Number: 1505
  • Street Direction: W.Milton to Main St.
  • Floor Number: 0
  • Longitude: W75° 43' 28.6''
  • Latitude: N40° 36' 10.2''
  • Internet Display Address: No
Property