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    Amboy Ave Edison, NJ 08817

    For Sale
    $1,790,888

    Auto Repair Shop w/ Body Shop License

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional commercial property, located on Amboy Avenue in Edison, New Jersey, presents a lucrative investment opportunity. Situated on a 0.46-acre lot, the building currently houses a thriving owner-operated auto body repair and auto repair shop. The business is generating a consistent income stream, with the current tenant paying $4,500 per month on a non-lease agreement. The property includes three functioning lifts, which are included in the sale "as is." The existing business comes complete with a valid body repair shop license, ensuring a seamless transition for a new owner. The property's zoning is designated as General Business (GB), offering flexibility for a variety of commercial uses. Heating and hot water are provided by two above-ground tanks, eliminating the need for gas lines within the building. A valuable asset for any prospective buyer, a customer list for the body shop may be available upon request. This turnkey operation offers immediate income potential and significant upside for a savvy investor. The property's prime location in Edison, NJ, ensures high visibility and easy access for customers. This is a rare opportunity to acquire a profitable, established business with significant growth potential. The asking price is $1,790,888. Serious inquiries only.

    Property Features for Amboy Ave

    General Information

    Property type
    Other commercial real estate
    Lot Size
    20,038 SF

    Building Details

    Year Built
    1945
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Edison
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.32447
    Latitude
    40.53109

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    FAQs

    What type of property is this?
    Commercial real estate - Auto Repair Shop w/ Body Shop License
    Where is this commercial real estate located?
    The property is located at Amboy Ave Edison, NJ.
    What is the asking price?
    The asking price for this property is $1,790,888.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Amboy Ave Edison, NJ 08817
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