1505 Main St, Rahway City NJ, 07065

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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