$2,650,000
Active
39 Days Online
0 Beds5 Baths6,400 SQFT
Active

1505 Main St Rahway City, 07065

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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.

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyUnion
  • Taxes$13,071
  • HOA/Condo/Coop Fees$0
  • Days on Site39 Days
  • MLS StatusActive
  • MLS ID Number3914898
  • Home Size Source N/A
  • Year BuiltN/A
  • Lot Size0.1 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Concrete
  • Parking See Remarks
  • Sewer Public Sewer
  • Basement Full
  • Number of Stories 3
  • Acreage 0.1
  • Water Public
  • Property Sub Type Business
  • Zoning Commercial

Interior Features

  • Cooling Central Air
  • Heating Heat Source: Gas- NaturalHeating Type: See Remarks
  • Flooring Tile

Exterior Features

  • Roof Flat

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Monthly Payment (Est.)

$12,820
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