1361 Saint Georges AveRahway, NJ 07065

For Sale
$955,000

Renovated Office Building, Strong Lease, 8.9 Cap Rate

Overview

Added:
Feb 3
Days on market:
39
This exceptional Rahway, NJ office building presents a compelling investment opportunity. Located at 1361 Saint Georges Ave, Unit 0, the property boasts 2,403 square feet of meticulously renovated space. A complete overhaul in 2011 ensures modern functionality and aesthetics. The building features a comfortable and efficient climate control system with two-zone central air conditioning and gas heating. Ample parking is available, accommodating ten vehicles, including one designated handicapped space. Further enhancing the building's appeal is the inclusion of a UVAngel air infiltration system, promoting a healthy and productive work environment. Currently leased until June 30th, 2026, with built-in renewal options, this property offers immediate cash flow and long-term stability. The attractive 8.9 cap rate underscores the significant return on investment potential. Situated on a 0.2-acre lot, this property provides a convenient and accessible location in the thriving Rahway market. This is an exceptional opportunity for investors seeking a strong, stable, and high-yielding asset. The current lease ensures immediate income, while the modern upgrades and desirable features guarantee long-term value and potential for future appreciation. Don't miss this chance to acquire a prime commercial property in a dynamic location.

Property Details for 1361 Saint Georges Ave

Property type
Office properties, Other office properties
Square Feet
2,403 SF
Year Built
1900
Lot Size (sq. ft)
8,712 SF

Location Insight

City
Rahway
County
Union
State
New Jersey
Latitude
40.61206
Longitude
-74.28583
1361 Saint Georges Ave, Rahway, New Jersey

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1361 Saint Georges Ave
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