370 US Highway 1 Local commercial 246 m² À vendre Edison, NJ 08817 1 361 744 € (5 533,29 €/m²)

For Sale/Lease- Freestanding Auto Repair/ Auto Body shop on a highly visible stretch of Route 1, Edison. Located in the center of New Jersey with easy access from the NJTP Exits 9 & 10, the GSP, Route 287/440 and Routes 9 & 18.
The property has been an Auto Body/ Auto Repair site for over 40+ years. This sale/lease presents a unique opportunity to acquire an existing automotive repair facility which has had a hard to get auto body license approved at this location. Buyer/ Tenant responsible to secure license. Potential to acquire the neighboring residential house for added 399k.

Property Features:
• ± 2,331 SF Freestanding Auto Repair Building
• 75x100 Lot w/ Frontage on US Highway 1 in Edison w/ Signage & Visibility
• Parking for 8-10 Cars on Site
• 3 Drive in Bays
• Interior Parking for 6 Additional Cars
• Previously Approved Auto Body On-Site
• Paint Mixing Room
• 2 Bathrooms
• 1st Floor Office/ Reception Area and 2nd Floor Mezzanine Office
• New Roof
• Potential to Purchase Residential House Next Door (not included in List Price). House is 831 SF and adds an additional 50x100 Lot which can be used for employee parking, etc.
• Real Estate Taxes: $11,322 per year (commercial) & $5,790 per year (residential)
• Properties can be sold separate or as a package.
• Asking Price: $1,600,000 (commercial), $399,000 (residential)
• Asking Price: $8,500 per month NNN (commercial)
• Zoned GBH (General Business Highway) which permits a variety of uses.
370 Route 1 provides a unique opportunity for anyone looking for a highly visible auto related property. Business is open and running so please call to arrange an appointment and for more information.