Property profile

280 Us-1 Edison, NJ 08817

OFF-MARKET
Retail properties & Spaces
4,372 SF
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Property summary

AI-generated overview

This exceptional 4,372-square-foot retail property, located at 280 US-1 in Edison, New Jersey, presents a lucrative investment opportunity. Currently configured as a five-bay auto repair shop with an office, this single-story building sits on a highly visible corner lot at the intersection of Route 1 and Woodbridge Avenue, boasting 184 feet of frontage on Route 1. The property is zoned GBH (General Business), allowing for a variety of uses. Ample parking is available with 14 spaces on-site. The building's net rentable area is 4,372 square feet, spread across one story. The current tenant will vacate on November 30, 2024, providing a clear path for new ownership to implement their vision. This location in Middlesex County, zip code 08817, offers excellent visibility and accessibility, making it an ideal space for a variety of businesses. The property's history as a successful Mr. Tire location speaks to its strong potential for continued success. This is a rare opportunity to acquire a well-positioned commercial property in a thriving New Jersey market. The property's prime location and ample parking make it an attractive option for a wide range of potential tenants. Don't miss this chance to own a piece of Edison's bustling commercial landscape.

Property profile

Verified
Property type Retail properties & Spaces
Total area 4,372 SF

Cap rate & NOI

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

Location

280 Us-1 Edison, NJ 08817
Edison metro
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Value estimations

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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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