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Ismael Rodriguez

rodpropgroup@gmail.com +1(973) 566-5499

$ 650,000

Est. payment -/mo

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Active

21 Amboy AVE Metuchen, NJ 08840

1,080 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,080 sqft

Price per Sqft $601

MLS Listing ID 2511457R

Originating Board CJMLS API

Annual Tax Amount $12,436

Tax Year 2023

Lot Size 8,176 Sqft

Acres 0.1877

Lot Dimensions 109.00 x 0.00

Property Sub-Type Commercial

Property Description

Fully leased Auto garage for sale located in busy commercial area. Great investment with a Cap rate of 9.5%. Main garage building has 2 bays with 2 car lifts, an office & a bathroom. 2nd building is a 1 bay car lift equipped auto facility. both buildings leased to tenants who can stay or go as needed by the new owner. Tenants pay all utilities. Landlord pays Taxes & Insurance. Property is R2 Zoned with many retail & Commercial uses allowed by town as property is fronting on Amboy Ave. Seller looking to sell with the tenants but can give them notice to vacate is someone requires vacant property.

Location

State NJ

County Middlesex

Zoning R2

Interior

Interior Features Lifts

Heating See Remarks

Cooling See Remarks

Flooring Concrete

Heat Source Natural Gas

Exterior

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Asphalt

Total Parking Spaces 30

Building

Lot Description Near Shopping, Business District, Commercial Area, Corner Lot

Story 1

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 0900205000000006

Energy Description Natural Gas

Listed by BETTER HOMES&GARDENS RE MATURO