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About This Home
This 0-bedroom, 3-bathroom commercial at 1604 State Route 27 in Edison, NJ is listed for $300,000 ($136 per sqft). Built in 1932, the home offers 2,212 sqft of living space on a 0.25 acres lot.
To land lease property you will need a $300,000 deposit for a 40 yr. term with option to purchase. Property currently has 2 residential rentals bringing in $3,600 a month revenue. 3rd retail space is owner occupied and is 1300 ft. has the probability of $5,000 a month rent.
Currently is owner occupied portion has is own separate heat and utilities, tenants utilities are separate. Office has full basement satiable for storage and has a small area for conference room. Building taxes are little over $10,000. Parking can accommodate almost 27 cars. 1st fl.is currently an office, but would be suitable for Small Retail Space, Bubble Tea, Take Out Food, Check Cashing Service along with ATM Machine if necessary. Option to buy 6 building lots ready for construction. call Lou for details
Key Features
- Built in 1932
- 0.25 acre lot
- 2 stories
- 27 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$1,604/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1604 State Route 27
Edison, NJ 08817
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 3-bathroom commercial at 1604 State Route 27 is listed at $300,000 ($136/sqft). The estimated monthly payment is $1,300 based on 20% down at 6.5% interest.
Key features include: Built in 1932, 0.25 acre lot, 2 stories, 27 parking spaces. Interior Features: Carpeting.
This property is listed by Louis Trenta and can be reached at (732) 985-7894 or rwamerica@aol.com.
