21 Amboy Avenue | Metuchen

$650,000 | 1,080 Sq. Ft.

Fully leased Auto garage for sale located in busy commercial area. Great investment with a Cap rate of 9.5%. Main garage building has 2 bays with 2 car lifts, an office & a bathroom. 2nd building is a 1 bay car lift equipped auto facility. both buildings leased to tenants who can stay or go as needed by the new owner. Tenants pay all utilities. Landlord pays Taxes & Insurance. Property is R2 Zoned with many retail & Commercial uses allowed by town as property is fronting on Amboy Ave. Seller looking to sell with the tenants but can give them notice to vacate is someone requires vacant property. CJMLS 2511457R

MLS Listing ID: 
CJMLS 2511457R
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$650,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Commercial
Primary Market Area: 
Metuchen
Address: 
21 Amboy Avenue, Metuchen, NJ 08840, U.S.A.
County: 
Middlesex
Latitude: 
40.5366406
Longitude: 
-74.3492655
Public Remarks: 
Fully leased Auto garage for sale located in busy commercial area. Great investment with a Cap rate of 9.5%. Main garage building has 2 bays with 2 car lifts, an office & a bathroom. 2nd building is a 1 bay car lift equipped auto facility. both buildings leased to tenants who can stay or go as needed by the new owner. Tenants pay all utilities. Landlord pays Taxes & Insurance. Property is R2 Zoned with many retail & Commercial uses allowed by town as property is fronting on Amboy Ave. Seller looking to sell with the tenants but can give them notice to vacate is someone requires vacant property.
Building Details
Details about the building on a property.
Stories: 
1
Year Built: 
0
Age: 
0
Living Area: 
1,080
Construction
Roof: 
Asphalt
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
See Remarks
Cooling System: 
See Remarks
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.19
Lot Size (Area): 
0.19
Lot Size (Dimensions): 
109.00 x 0.00
Public Record
Parcel Number: 
0900205000000006
Annual Tax: 
$12,436.00
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
BETTER HOMES&GARDENS RE MATURO