Active
1505 Main St
Rahway City NJ, 07065
$2,650,000
$414.06 per sqft
Active
6,400 sqft
Commercial
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.
3914898
MLSⓇ ID
July 17, 2024
Listed
September 5, 2024
Updated
Map
1505 Main St
Rahway City NJ, 07065
Interior Features
Total Stories
3
Interior Features
Tile
Floor Description
Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.1 Acres
Sewer
Public Sewer
Other Property Details
Taxes
$13,071
Tax Frequency
Annually
Garage
No
View
No
County
Union
Water Source
Public
Pool
No
Zoning
Commercial
Courtesy of C-21 MAIN STREET REALTY with JOSEPH ANTHONY CIMILLUCA,
Listing Contact: 7327504663
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