Amboy Ave Edison, NJ 08817
- Commercial real estate
- 0.46 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Amboy Ave
- Year built
- 1945
- Lot size
- 0.46 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Edison
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.3245
- Latitude
- 40.5311
