260 W Scott Ave - Auto Repair FOR SALE


Rahway, NJ 07065
$1,975,000 USD
973-943-3321
260 W Scott Ave, Rahway, NJ for Sale
$1,975,000 USD
Auto Repair - FOR SALE
1/5
null | Request Cap Rate

260 W Scott Ave
Rahway, NJ 07065


HIGHLIGHTS

  • Positioned in Rahway’s B1 Neighborhood Business Zone, providing a versatile location for retail and automotive operations.
  • Features a car wash, mechanic shop, and auto dealership, offering multiple income streams under current leases.
  • Well-maintained mechanic shop includes existing lifts and an established customer base for immediate continuity of business.
  • Ample parking with 23 spaces on a 0.40-acre corner lot, ensuring smooth operations and customer convenience.
  • Excellent connectivity with easy access to main thoroughfares and surrounding residential communities to drive traffic.
  • Proven investment potential with tenants in place and estimated rent collection up to $14,500 monthly when fully leased.

OVERVIEW

Great Opportunity to Run your own Successful Mechanic Shop while collecting rent from 2 other great tenants. For sale is a Car Wash, Mechanic Shop and Auto Dealership. The successful mechanic shop will be handed over to the new owner ready for continued business. The Car wash and Dealership are currently rented out with leases in Place. Also a great opportunity for an investor to possibly collect $14,500 if all 3 places are rented out. This is a great location B1 Neighborhood Business Zone. There were plans to build condo units in this location. The Mechanic Shop will be sold with both Lifts and a continued successful business. The new owner can either run the mechanic shop or rent it out for a great investment opportunity. Located in a great B1 Zone, Neighborhood Business, make all the neighbors your go to place.

FOR SALE DETAILS

PRICE

$1,975,000 USD

PRICE/SF

$973 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Auto Dealership, Service Station, Truck Stop

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1945

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

B1

APN/PARCEL ID

13-00225-0000-00008-03

ASK ABOUT THIS PROPERTY

Jose PerezHoward Hanna | Rand RealtyMore Info
973-943-3321

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Jose PerezHoward Hanna | Rand RealtyMore Info
973-943-3321

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