Amboy Ave Edison, NJ 08817
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.