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

  • Turnkey automotive property featuring a mechanic shop, car wash, and auto sales component.
  • Existing rental income from leased portions of the property.
  • Mechanic shop business and vehicle lifts included in the sale.
  • Located within the B-1 Neighborhood Business Zone.
  • Opportunity for owner-user operation or passive investment strategy.
  • Strong visibility and accessibility within the Rahway market.

OVERVIEW

260 W Scott Avenue presents a unique owner-user and investment opportunity in Rahway, New Jersey. The property consists of an established automotive service operation with additional income-producing components, including a car wash and auto dealership area. The mechanic shop is offered with its existing business operation and equipment, allowing a new owner to continue operations immediately while benefiting from supplemental rental income. Located within the B-1 Neighborhood Business Zone, the property offers strong visibility and accessibility within a densely populated Union County market. Existing leases provide income stability, while the flexible zoning and redevelopment potential create long-term upside for investors and developers. The site has also been identified as a potential condominium redevelopment location, further enhancing future value prospects. The combination of an operating business, multiple revenue streams, strategic location, and redevelopment potential makes this a compelling acquisition for owner-users, investors, and value-add buyers alike.

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

Service Station, Storefront, Loft/Creative Space

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.