1118 Main St | Rahway, NJ 07065
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1118 Main St
Rahway, NJ 07065
Dependable Auto · Retail Property For Sale
Investment Highlights
- Located in Redevelopment Zone
- Environmentals are clean.
- All equipment included
Executive Summary
Car rental / Auto repair shop. land and business for sale. This is a 13,062sqft lot located in Rahway's Redevelopment zone. Business is cash flowing and a great turn key opportunity for an owner operator.
Environmentals are clean as well.
Environmentals are clean as well.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
1,600 SF
Building Class
C
Year Built
1950
Price
$4,270,500 CAD
Price Per SF
$2,669 CAD
Cap Rate
16.33%
NOI
$697,515 CAD
Percent Leased
25%
Building Height
1 Story
Building FAR
0.11
Lot Size
0.34 AC
Zoning
CBD/R-2 - Commercial Business District/ Residential
Parking
18 Spaces (11.25 Spaces per 1,000 SF Leased)
Frontage
244 ft on Main St
PROPERTY TAXES
| Parcel Number | 13-00308-0000-00001 | Improvements Assessment | $128,969 CAD |
| Land Assessment | $173,240 CAD | Total Assessment | $302,209 CAD |
PROPERTY TAXES
Parcel Number
13-00308-0000-00001
Land Assessment
$173,240 CAD
Improvements Assessment
$128,969 CAD
Total Assessment
$302,209 CAD
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