1595 Lincoln HwyEdison, NJ 08817

For Sale
$610,000

Prime Edison location, high-traffic area.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a fully occupied, mixed-use building situated in Edison, New Jersey's vibrant business district on Route 27. The property, built in 1922 and featuring two stories, comprises 0.115 acres and benefits from high visibility due to its location near Hmart, restaurants, shops, the train station, and major roadways including the Turnpike, GSP, and Route 1. The building currently houses a thriving rice cake catering establishment on the first floor and an upscale beauty salon on the second floor, both under secure long-term leases. Recent improvements include a new roof, upgraded electrical system (expanded panel and wiring), a resurfaced driveway, new meter boxes, updated sump pumps, a new water heater, and a new heating system. The property also includes a spacious fenced rear parking lot accommodating approximately eight vehicles and a walk-out basement offering ample storage. Buyers are encouraged to conduct their own due diligence regarding potential alternative uses for this versatile property. The asking price is $610,000.

Highlights

  • $610,000 asking price.
  • Mixed-use building (land, office, retail) in Edison, NJ.
  • Located on heavily trafficked Route 27, near HMart, restaurants, shops, and public transportation.
  • Fully occupied with a long-term tenant (rice cake catering) on the first floor and an upscale beauty salon on the second floor.
  • Recently renovated with a new roof, electrical upgrades, driveway, and other improvements.
  • Features a fenced parking lot (approx. 8 spaces) and a walkout basement for storage.

Property Details for 1595 Lincoln Hwy

Property type
Other retail properties, Other office properties
Year Built
1922
Stories
2

Location Insight

City
Edison
County
Middlesex
State
New Jersey
Latitude
40.5080353
Longitude
-74.4128592
1595 Lincoln Hwy, Edison, New Jersey

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1595 Lincoln Hwy
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