1725 Irving St Rahway, NJ 07065-4101
This exceptional 1,837 square foot freestanding retail storefront in Rahway, New Jersey, presents a lucrative investment opportunity. Situated on a 0.21-acre lot at a highly visible, lighted intersection, the property boasts dedicated parking, ensuring convenient access for customers. The strategic location benefits from significant daily traffic volume, with over 10,000 vehicles passing on West Grand Avenue daily. Its advantageous position between Routes 27 and 1/9, coupled with close proximity to the Garden State Parkway and I-95, guarantees excellent accessibility and high visibility. The area is further enhanced by the presence of major employers such as Merck & Co. (global headquarters) and SDI Technologies, providing a substantial pool of potential customers. The property is currently operating as a dry cleaner business, which is available for sale separately. This presents a unique opportunity to acquire a well-located retail space with existing operations or to develop your own business concept in a thriving commercial area. The asking price is $799,000, translating to $434.95 per square foot. This represents a compelling investment in a prime retail location with strong potential for growth and return. The property is located at 1725 Irving St, Rahway, NJ 07065.
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Joy Cleaners (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
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.