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1505-1507 Main Street Is a mixed use building consisting of 3 floors with a highly successful Peruvian Restaurant of 4,280 Sq Ft. on the 1st floor with outdoor setting. The 2nd and 3rd floors are (2) 2 bedroom Apartments.Building is located in the heart of downtown Rahway. This location offers easy access to NYC Trains,Buses and major highways,making it highly desirable for commuters into Manhattan. The Downtown has had significant development in recent years,with hundreds of new luxury apartments and retail shops.Along with new Shops and Restaurants.This assets is a great addition to your Real Estate portfolio.Offering a 6.00% Cap Rate.

PROPERTY FEATURES

Number of Units : 3 Number 2 Bedroom Units : 2 Number Units w/Full Bath : 2
Utilities : Electric, Gas-Natural Water : Public Water Sewer : Public Sewer
Exterior Description : Concrete
Lot Size : 34X168 S.F Building Area : 6400 S.F Acres : 0.10 Zoning : Commercial
Cooling : Central Air Fuel Type : Gas-Natural
Construction : Brick/Block Construction Date/Year Built Description : Approximate Roof Description : Flat Flooring : Tile
Basement Description : Full

PROPERTY DETAILS

Street Address: 1505 Main St
City: Rahway
State: New Jersey
Postal Code: 07065
County: Union
MLS Number: 3914898
Courtesy of C-21 MAIN STREET REALTY

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