1595 Lincoln Hwy RT.27 Edison, NJ $ 635,000
1595 Lincoln Hwy RT.27
$ 635,000
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1595 Lincoln Hwy RT.27

Edison, NJ, 08817
$ 635,000
Baths0.0 Sq 1,614

Monthly Estimate*

$ 4,220

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Studio

Commercial Property for sale in Edison, NJ

for $635,000. This 1,614 square foot building was built in 1922 on a lot size of 0.1148.

Welcome to this exceptional investment opportunity located in the vibrant business district of Edison! This standalone mixed-use building boasts a coveted position, a fully rented income stream, and promising future prospects. It's a rare find on Rt. 27, surrounded by heavy commuter traffic, offering high visibility and proximity to Hmart, restaurants, shops, the train station, and Turnpike/GSP/Rt 1. The first floor is a popular rice cake catering establishment with a secure long-term lease. The second floor accommodates an upscale beauty salon. Both units are currently occupied by reliable tenants. This property has undergone recent enhancements, including a new roof, expanded electric panel/wiring, driveway, meter boxes, sump pumps, water heater, and heating system. Furthermore, it features a spacious fenced-in parking lot at the rear of the building, capable of accommodating approximately 8 vehicles. There is a walkout basement that provides ample storage space. Whether you are an investor or a business owner seeking a profitable opportunity, this property is well-suited to meet your needs. Seize the opportunity to own a part of the thriving Edison community with this fully occupied mixed-use property. Visualize the various possibilities and growth potential for your investment in this dynamic and conveniently situated real estate.Buyers should perform their reviews and due diligence for other possible uses.

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Commercial Active

Price

$ 635,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 9,038

Style

Freestanding

Lot Size

0.1148

Year Built

1922

Town/City

Edison

County/Region

Middlesex

MLS | Web ID

2413019R

Features
General
Sewer Public Sewer
Heating Zoned Forced Air
Cooling Central Air Zoned
Utilities Electricity Connected Natural Gas Connected See Remarks
Roof Asphalt See Remarks
Zoning GB
Gas Y/N Natural Gas
Year Built 1922
Tenant Pays Exterior Maintenance Grounds Care Insurance Common Area Maintenance Sewer Cooling Snow Removal Electricity Gas Trash Collection Heat Water
Stories 2
Levels Two Partially Below Grade
Property SubType Commercial
Tax Year 2023
County Middlesex
Property Type Commercial Sale
Close Price 0
Status Active
City Edison
NumberOfUnitsTotal 0
Lot Size Square Feet 5001
Tax Annual Amount 9038
Days on Market 32
Structure Type Freestanding
Living Area Units Square Feet
Standard Status Active
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Interior
Flooring Ceramic Tile Laminate See Remarks Tile
Total Stories 2
Heating Y/N Yes
Full Baths 0
Half Baths 0
Total Baths 0
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Exterior
Parking Features Parking Lot Driveway Enclosed On Site See Remarks
Lot Features Business District Commercial Area
Water Source Public
Total Parking 8
Lot Size Area 0.1148
Building Area Total 1614
Lot Dimensions 100.00 x 50.00
Lot Size Acres 0.1148
Open Parking Y/N Yes
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* Excluded Features
List By
MIRA KIM

Listing Agent

Exp Realty, Llc

Broker

realtormirakim@hotmail.com

Email

Affordability Calculator

$4,974
Per Month
85%
15%
0%
Monthly Principal & Interest
$4,220
Monthly Property Taxes
$753
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
392003 Elementary School
392100 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/8/2024$635,000 Listed Price

Map


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1595 Lincoln Hwy RT.27, Edison, NJ, 08817 is a Commercial Property for sale at $635,000 with 1,614 sqft and a lot size of 0.1148. 1595 Lincoln Hwy RT.27 is a studio with 0.0 baths and was built in 1922. The property's zip code is 08817 which is in Edison, NJ