Property profile

1595 Lincoln Hwy Edison, NJ 08817

OFF-MARKET
Retail properties & Spaces
Built 1922
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1922

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1595 Lincoln Hwy Edison, NJ 08817
Edison metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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