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    226 Us 1 Hwy Edison, NJ 08817

    Sponsored
    For Sale
    $2,500,000

    High-Visibility Route 1 Retail Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 226 US Highway 1 in Edison, New Jersey (zip code 08817), presents a lucrative investment opportunity. The property boasts a highly visible location on a heavily trafficked section of Route 1 North, ensuring maximum exposure for your business. The two-story building encompasses approximately 8,700 square feet of versatile space, currently housing a diverse tenant mix including a restaurant, bridal shop, barber shop, massage spa, and office spaces. A substantial high-ceiling basement adds an additional 4,000 square feet of potential usable area. Ample parking is provided with 23-25 spaces in a recently resurfaced and striped lot. The property sits on a 0.44-square-foot lot. The current annual gross income is estimated at $186,720. Excellent signage opportunities further enhance visibility and marketing potential. The office spaces are ideally suited for a variety of professional services, including but not limited to CPAs, attorneys, mortgage companies, insurance agencies, title companies, and IT firms. This property offers a unique blend of retail and office space, making it an attractive investment for both established businesses and new ventures seeking a prime location in a thriving market. The asking price is $2,500,000.

    Property Features for 226 Us 1 Hwy

    General Information

    Property type
    Retail properties

    Building Details

    Stories
    2

    HighLights

    • $2,500,000 asking price for this commercial land and retail property.
    • Located at 226 US Highway 1, Edison, NJ 08817.
    • 0.44‑acre lot with a two‑story, approximately 8,700 square foot building, plus a 4,000 square foot basement.
    • Currently houses a diverse mix of tenants including a restaurant, bridal shop, barber shop, massage spa, and offices.
    • Features 23‑25 parking spaces in a recently updated lot and offers excellent visibility and signage opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Edison
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4098345
    Latitude
    40.4978597

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    FAQs

    What type of property is this?
    Retail property - High-Visibility Route 1 Retail Opportunity
    Where is this retail property located?
    The property is located at 226 Us 1 Hwy Edison, NJ.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: $2,500,000 asking price for this commercial land and retail property.; Located at 226 US Highway 1, Edison, NJ 08817.; 0.44-acre lot with a two-story, approximately 8,700 square foot building, plus a 4,000 square foot basement.
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    226 Us 1 Hwy Edison, NJ 08817
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    Edison, NJ 08817
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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
    226 Us 1 Hwy Edison, NJ 08817
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