Property

Edison, NJ 08817 1595 Lincoln Hwy RT.27

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Presented By: EXP REALTY, LLC
  • MLS# 2413019R
  • 06/08/2024
  • Request Tour
  • Request Info
  • SQFT • 1,614

Home Details

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.
Presented By: EXP REALTY, LLC

Interior Features for 1595 Lincoln Hwy RT.27

Bathrooms

Half Baths0
Total Baths

Other Interior Features

FlooringCeramic Tile, Laminate, See Remarks, Tile
Heating Y/NYes
Total Stories2

General for 1595 Lincoln Hwy RT.27

CityEdison
Close Price
CoolingCentral Air, Zoned
CountyMiddlesex
Full Baths
Gas Y/NNatural Gas
HeatingZoned, Forced Air
LevelsTwo, Partially Below Grade
Living Area UnitsSquare Feet
Lot Size Square Feet5001
MaintenanceExpense
ModificationTimestamp2024-12-22T02:06:24.000Z
NumberOfUnitsTotal
OwnerPaysExterior Maintenance, Insurance, Taxes
Property SubtypeCommercial
Property TypeCommercial Sale
RoofAsphalt, See Remarks
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories2
Structure TypeFreestanding
Tax Annual Amount9038
Tax Year2023
Tenant PaysExterior Maintenance, Grounds Care, Insurance, Common Area Maintenance, Sewer, Cooling, Snow Removal, Electricity, Gas, Trash Collection, Heat, Water
UtilitiesElectricity Connected, Natural Gas Connected, See Remarks
Virtual TourClick here
Year Built1922
ZoningGB

Exterior for 1595 Lincoln Hwy RT.27

Building Area Total1614
Lot Dimensions100.00 x 50.00
Lot FeaturesBusiness District, Commercial Area
Lot Size Acres0.1148
Lot Size Area0.1148
Open Parking Y/NYes
Parking FeaturesParking Lot, Driveway, Enclosed, On Site, See Remarks
Total Parking8
Water SourcePublic

Additional Details

Price History

Catarina Gomes

Associate
Price $580,000
MLS#2413019R
List Date 06/08/2024
Property Type Commercial
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