1595 Lincoln Hwy Edison, NJ 08817
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 1595 Lincoln Hwy
- Year built
- 1922
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional investment opportunity presents a fully occupied, mixed-use building situated in Edison, New Jersey's vibrant business district on Route 27. The property, built in 1922 and featuring two stories, comprises 0.115 acres and benefits from high visibility due to its location near Hmart, restaurants, shops, the train station, and major roadways including the Turnpike, GSP, and Route 1. The building currently houses a thriving rice cake catering establishment on the first floor and an upscale beauty salon on the second floor, both under secure long-term leases. Recent improvements include a new roof, upgraded electrical system (expanded panel and wiring), a resurfaced driveway, new meter boxes, updated sump pumps, a new water heater, and a new heating system. The property also includes a spacious fenced rear parking lot accommodating approximately eight vehicles and a walk-out basement offering ample storage. Buyers are encouraged to conduct their own due diligence regarding potential alternative uses for this versatile property. The asking price is $610,000.
Value Estimation
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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
- -74.4129
- Latitude
- 40.508
