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Property profile & analytics
OFF-MARKET
Commercial real estate

Amboy Ave Edison, NJ 08817

0.46 ac lot Built 1945
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located on Amboy Avenue in Edison, New Jersey, presents a lucrative investment opportunity. Situated on a 0.46-acre lot, the building currently houses a thriving owner-operated auto body repair and auto repair shop. The business is generating a consistent income stream, with the current tenant paying $4,500 per month on a non-lease agreement. The property includes three functioning lifts, which are included in the sale "as is." The existing business comes complete with a valid body repair shop license, ensuring a seamless transition for a new owner. The property's zoning is designated as General Business (GB), offering flexibility for a variety of commercial uses. Heating and hot water are provided by two above-ground tanks, eliminating the need for gas lines within the building. A valuable asset for any prospective buyer, a customer list for the body shop may be available upon request. This turnkey operation offers immediate income potential and significant upside for a savvy investor. The property's prime location in Edison, NJ, ensures high visibility and easy access for customers. This is a rare opportunity to acquire a profitable, established business with significant growth potential. The asking price is $1,790,888. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Year built 1945
Lot 0.46 ac (20,038 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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