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Saint Georges Ave Rahway, NJ 07065

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For Sale
$955,000

High-Visibility, Renovated Professional Building

Property Features for Saint Georges Ave

General Information

Property type
Other commercial real estate
Lot Size
6,970 SF

Building Details

Year Built
1900

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Listing Contact
Village Green Realtors

Listing Agent: Village Green Realtors

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional investment opportunity presents a renovated professional building situated on a 0.16-acre lot in a high-visibility location on Saint Georges Avenue, Rahway, NJ. The property, boasting a strong lease history, is currently under lease until June 30th, 2026, with a five-year renewal option, ensuring a consistent income stream for the investor. Renovated in 2011, the building features modern amenities including a two-zone heating and central air conditioning system, contributing to both tenant comfort and operational efficiency. A recent professional appraisal has been conducted, further solidifying the property's value and investment potential. The building offers a compelling return for investors, with a projected cap rate of 8.9%. This property is an ideal addition to any commercial real estate portfolio, providing both immediate income and long-term growth prospects. The prime location on Saint Georges Avenue ensures high visibility and accessibility, making it an attractive proposition for a wide range of businesses. The existing lease agreement and renewal option provide stability and predictability, minimizing risk and maximizing returns. This is a rare opportunity to acquire a well-maintained, high-performing commercial property in a desirable location. Serious inquiries are encouraged.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Rahway
County
Union
State
New Jersey
Longitude
-74.29081
Latitude
40.59195

FAQs

What type of property is this?
Commercial real estate - High-Visibility, Renovated Professional Building
Where is this commercial real estate located?
The property is located at Saint Georges Ave Rahway, NJ.
What is the asking price?
The asking price for this property is $955,000.
More about this property
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