Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    260 Scott Ave Rahway, NJ 07065

    Sponsored
    For Sale
    $2,200,000

    Prime NJ location, multi-tenant income.

    Property size:
    1,506 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity in Rahway, New Jersey, presents a unique blend of established businesses and future potential. The property, located at 260 W Scott Avenue W, encompasses 1,506 square feet on a 0.406-acre lot and includes a thriving, turnkey mechanic shop complete with lifts, ready for immediate operation or lease. Two additional tenants, a car wash and an auto dealership, are currently under lease, generating consistent rental income. The property's 1957 construction sits on a single story building and is zoned B1 (Neighborhood Business), providing excellent visibility and accessibility. Financial details are available upon request. While previous plans for condo development existed, the current configuration offers a strong, established income stream with the potential for significant returns. The property's location in a high-traffic area ensures continued success for the existing businesses and provides a solid foundation for future growth. This is a rare chance to acquire a multi-faceted commercial property with immediate income and long-term development possibilities. The asking price is $2,200,000.

    Property Features for 260 Scott Ave

    General Information

    Property type
    Automotive properties
    Square Feet
    1,506 SF

    Building Details

    Year Built
    1957
    Stories
    1

    HighLights

    • $2,200,000 asking price.
    • 1,506 square foot lot, 0.406 acres.
    • Located at 260 W Scott Avenue W, Rahway, NJ 07065.
    • Property includes a car wash, mechanic shop (with two lifts and established clientele), and auto dealership, all on a single lot.
    • Existing leases in place for the car wash and dealership.
    • 1957 construction, one‑story building.
    Property Profile Location Intelligence

    Current Use by Public Records

    Clean Dreams Car ... Car Detailing Service Quality Luxury Cars ... Used Car Dealer Apple Tire & Auto ... Car Repair And Maintenance Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rahway
    County
    Union
    State
    New Jersey
    Longitude
    -74.2727671
    Latitude
    40.6154103

    Nearby Similar for Sale

    • $499,900
      Pending

      Commercial Building in Rahway City

      Freestanding building in excellent condition with parking.
      Rahway City, Rahway, NJ 07065
      View Details
    • $799,000
      Pending

      Renovated Three-Family Home in Rahway

      Renovated three-family home with strong rental potential near amenities.
      380 Seminary Ave, Rahway, NJ 07065
      View Details
    • $8,900,000
      507.00 Acres

      Operational Shrimp Farm For Sale

      507-acre shrimp farm in Ecuador's aquaculture region.
      SE Tendales - El Guabo - El Oro, Rahway, NJ 07065
      View Details
    • $650,000
      3,000 SF

      Turnkey Restaurant & Lounge Business

      Profitable, 5-star-rated restaurant and lounge in downtown Rahway.
      78 East Cherry St, Rahway, NJ 07065
      View Details
    • $629,000
      Pending

      Updated Multi-Family Home in Rahway

      Updated 2-family home near Rahway Train Station.
      1374 Lambert St, Rahway, NJ 07065
      View Details
    • $859,000
      Pending

      Rahway Triplex Investment Opportunity

      Tenant-occupied triplex with solid rental income near Rahway NJ Transit.
      1751 Oliver St, Rahway, NJ 07065
      View Details
    • $129,500
      Pending

      Turnkey Teahouse in Rahway City

      Well-loved cafe with modern renovations in downtown Rahway.
      1403-1431 Irving St, Rahway, NJ 07065
      View Details
    • $859,000
      Pending

      Tenant-Occupied Triplex Investment Opportunity

      Tenant-occupied triplex with solid rental income near transit.
      1751 Oliver St, Rahway, NJ 07065
      View Details
    • $449,000
      1,216 SF

      Spacious Condo Near Rahway Train

      Updated 2-bedroom condo with NYC access and desirable amenities.
      1 Carriage City Plz, Rahway, NJ 07065
      View Details
    • $649,000
      Pending

      Multi-Family Home in Rahway City

      Multi-family home with great investment potential in Rahway City.
      156 W Emerson Ave, Rahway, NJ 07065
      View Details
    • $647,000

      Rahway Duplex Near NYC Transit

      Turn-key duplex with long-term tenants near NYC transit.
      91 Elm Ave, Rahway, NJ 07065
      View Details
    • $475,000

      Redevelopment Zone Multifamily Property

      Multifamily property in redevelopment zone with renovation potential.
      173 W Main St, Rahway, NJ 07065
      View Details

    FAQs

    What type of property is this?
    Automotive property - Prime NJ location, multi-tenant income.
    Where is this automotive property located?
    The property is located at 260 Scott Ave Rahway, NJ.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: $2,200,000 asking price.; 1,506 square foot lot, 0.406 acres.; Located at 260 W Scott Avenue W, Rahway, NJ 07065.
    Request Owner's contact information
    260 Scott Ave Rahway, NJ 07065
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    260 Scott Ave
    Rahway, NJ 07065
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    260 Scott Ave Rahway, NJ 07065
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.