Commercial Real Estate for Sale at 1595 Lincoln Hwy Rt.27 in Edison, NJ for $610,000

1595 Lincoln Hwy Rt.27 | Edison

$610,000 | 1,614 Sq. Ft.

Welcome to this exceptional investment opportunity located in the vibrant business district of Edison! This standalone mixed-use building boasts a coveted position, a fully rented income stream, and promising future prospects. It's a rare find on Rt. 27, surrounded by heavy commuter traffic, offering high visibility and proximity to Hmart, restaurants, shops, the train station, and Turnpike/GSP/Rt 1. The first floor is a popular rice cake catering establishment with a secure long-term lease. The second floor accommodates an upscale beauty salon. Both units are currently occupied by reliable tenants. This property has undergone recent enhancements, including a new roof, expanded electric panel/wiring, driveway, meter boxes, sump pumps, water heater, and heating system. Furthermore, it features a spacious fenced-in parking lot at the rear of the building, capable of accommodating approximately 8 vehicles. There is a walkout basement that provides ample storage space. Whether you are an investor or a business owner seeking a profitable opportunity, this property is well-suited to meet your needs. Seize the opportunity to own a part of the thriving Edison community with this fully occupied mixed-use property. Visualize the various possibilities and growth potential for your investment in this dynamic and conveniently situated real estate.Buyers should perform their reviews and due diligence for other possible uses. CJMLS 2413019R

MLS Listing ID: 
CJMLS 2413019R
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$610,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Commercial
Primary Market Area: 
Edison
Address: 
1595 Lincoln Hwy Rt.27, Edison, NJ 08817, U.S.A.
County: 
Middlesex
Latitude: 
40.5080820
Longitude: 
-74.4128420
Public Remarks: 
Welcome to this exceptional investment opportunity located in the vibrant business district of Edison! This standalone mixed-use building boasts a coveted position, a fully rented income stream, and promising future prospects. It's a rare find on Rt. 27, surrounded by heavy commuter traffic, offering high visibility and proximity to Hmart, restaurants, shops, the train station, and Turnpike/GSP/Rt 1. The first floor is a popular rice cake catering establishment with a secure long-term lease. The second floor accommodates an upscale beauty salon. Both units are currently occupied by reliable tenants. This property has undergone recent enhancements, including a new roof, expanded electric panel/wiring, driveway, meter boxes, sump pumps, water heater, and heating system. Furthermore, it features a spacious fenced-in parking lot at the rear of the building, capable of accommodating approximately 8 vehicles. There is a walkout basement that provides ample storage space. Whether you are an investor or a business owner seeking a profitable opportunity, this property is well-suited to meet your needs. Seize the opportunity to own a part of the thriving Edison community with this fully occupied mixed-use property. Visualize the various possibilities and growth potential for your investment in this dynamic and conveniently situated real estate.Buyers should perform their reviews and due diligence for other possible uses.
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
1922
Age: 
0
Living Area: 
1,614
Construction
Roof: 
Asphalt, See Remarks
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Zoned, Forced Air
Cooling System: 
Central Air, Zoned
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.11
Lot Size (Area): 
0.11
Lot Size (Dimensions): 
100.00 x 50.00
Public Record
Parcel Number: 
0500081000000004
Annual Tax: 
$9,038.00
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
EXP REALTY, LLC

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