Scott Ave Rahway, NJ 07065

Property Details for Scott Ave

Year built

1957

Lot size

0.41 lot acres

Property type

Commercial real estate

Description

This exceptional Rahway, NJ commercial property presents a unique investment opportunity encompassing a thriving, turnkey mechanic shop, a car wash, and an auto dealership, all situated on a 0.41-acre lot. The mechanic shop is established and equipped with lifts, ready for immediate operation by a new owner, or can be leased for passive income. The car wash and auto dealership are currently generating rental income under existing leases. This presents a diversified revenue stream with potential for significant returns. The property is zoned B1 (Neighborhood Business), offering flexibility for future development. Prior plans for condo construction on this site highlight the property's prime location and potential for future expansion or redevelopment. Financial details are available upon request, providing a comprehensive overview of the current income and operational performance. This is a rare chance to acquire a multi-faceted commercial property with immediate income generation and substantial long-term growth potential in a desirable Rahway location. The property's established businesses and strategic zoning make it an attractive investment for both active and passive investors.

Location Insight

City

Rahway

County

Union

State

New Jersey

Longitude

-74.2697

Latitude

40.6137