Lincoln Highway Rt.27 Edison, NJ 08817

$550,000
0.11
Acres
1,614
SQFT
341
$/SQFT
$550,000
1,614   sf
$341 / sf
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Welcome to this exceptional investment opportunity located in the vibrant business district of Edison! This standalone mixed-use building boasts a coveted position, a great 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 is currently vacant. It was a beauty salon.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 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.

Welcome to this exceptional investment opportunity located in the vibrant business district of Edison! This standalone mixed-use building boasts a coveted position, a great 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 is currently vacant. It was a beauty salon.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 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.

  • Neighborhood
  • Type
  • County
    Middlesex
  • Area
    Edison
  • Tax Amount
    $9,038
  • Status
    Active
  • Listing #
    2514867R
  • Built
    1922
  • Lot Size
    0.11
  • Listed on site
    26 days

Listed by:
Exp Realty, Llc

mls source logo Listing provided courtesy of Central Jersey MLS
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Property details

Community Features

  • No HOA

Property Features

  • Sewer
  • Public Water

Exterior features

  • No Pool
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