1590 E 2nd St - Office FOR SALE


Scotch Plains, NJ 07076
$1,500,000 USD
973-296-2709
1590 E 2nd St, Scotch Plains, NJ for Sale
$1,500,000 USD
Office - FOR SALE
1/29
null | Request Cap Rate

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1590 E 2nd St
Scotch Plains, NJ 07076


HIGHLIGHTS

  • Mix of income streams from office suites, apartment, and garages.
  • Currently tenant-occupied providing immediate rental return.
  • Located in Scotch Plains’ B-2 Business Zone, allowing wide-ranging permitted uses.
  • Multiple leasing options suitable for investors or owner-users.
  • Accessible suburban location with strong road connectivity and local amenities.

OVERVIEW

Exceptional Investment Opportunity " Two Separately Deeded Commercial Properties Being Sold TogetherDon't miss this unique opportunity to acquire two separately deeded commercial properties being sold as one, offering multiple income streams and outstanding investment potential.1590 E. 2nd Street features a well-maintained mixed-use layout with a tenant-occupied apartment on the second floor and two tenant-occupied office spaces on the first floor, providing immediate rental income.The adjoining property includes three garages, four office suites on the second floor, and one office on the third floor, offering additional leasing opportunities or space for an owner-user.Together, these properties present a versatile investment with a strong combination of residential, office, and garage income potential. Whether you're looking to expand your portfolio or occupy part of the property while generating rental income, this is a rare opportunity with endless possibilities. This listing also includes 1594 E. 2nd St.Both separately deeded properties are being sold together as one package.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$313 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical, Light Distribution, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,511 SF

ZONING

Commercial,Office

APN/PARCEL ID

16-00401-0000-00004-01

ASK ABOUT THIS PROPERTY

David BarbosaDavid Realty GroupMore Info
973-296-2709

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David BarbosaDavid Realty GroupMore Info
973-296-2709

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.