$ 699,000
558 Rahway Ave Union Twp., NJ 07083
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 699,000
Est. payment /mo
Under Contract
558 Rahway Ave Union Twp., NJ 07083
3,066 SqFt
UPDATED:
10/29/2024 04:36 PM
Key Details
Property Type Commercial
Listing Status Under Contract
Purchase Type For Sale
Square Footage 3,066 sqft
Price per Sqft $227
MLS Listing ID 3912312
Year Built 1958
Annual Tax Amount $15,103
Tax Year 2023
Lot Size 7,840 Sqft
Property Description
Discover an exceptional commercial property opportunity at 558 Rahway Ave. in Union. Currently home to the beloved Cozy Corner Deli, this prime location is ready for a new owner to take advantage of its excellent features and potential. This property includes an attached garage with 3 parking spaces and boasts high visibility on Rahway Ave., situated conveniently between Morris Ave. and Rt. 22, with easy access to I-78 and the Garden State Parkway. The spacious first level features a kitchen, stock/storage room, front deli counter, and two public half bathrooms, offering a versatile layout suitable for various business ventures. But that's not all! The property comes with approved architectural and structural plans for three one-bedroom apartments, fully approved by the township, adding significant value and potential for rental income or further business expansion. The atmosphere of the current deli is casual and friendly, reminiscent of a classic New Jersey luncheonette, with counter-style seating and table seating for a welcoming environment. However, the property is adaptable to a variety of business types, providing ample room for customization and growth. In addition to the sale of the building, Cozy Corner Deli is willing to sell their business separately. If you are interested in purchasing the business only, please reach out directly for more details.
Location
State NJ
County Union
Zoning Residential
Interior
Heating Gas-Natural
Cooling 2 Units, Ductless Split AC
Flooring Vinyl-Linoleum
Equipment See Remarks
Heat Source Gas-Natural
Exterior
Exterior Feature See Remarks
Utilities Available Gas In Street
Roof Type Asphalt Shingle
Parking Type Parking Lot-Exclusive, See Remarks
Building
Story 1
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by KELLER WILLIAMS REALTY