Current Use by Public Records
- Retail properties & Spaces
Property Details for 226 Us 1 Hwy
- Property type
- Retail properties & Spaces
- Property subtype
- Land
Description
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.
Value Estimations
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Edison
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.4098
- Latitude
- 40.4979
