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$1,200,000

Est. payment - /mo

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3,800 SqFt

Under Contract

1508 Front St Scotch Plains Twp., NJ 07076

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Youssef Genid

info@roglegend.com +1(973) 772-0660

UPDATED:

Key Details

Property Type Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 3,800 sqft

Price per Sqft $315

MLS Listing ID 3989241

Property Description

This property was previously used as a construction and overhead garage company for many years. The lot behind the main building is approximately 70' x 140'. In addition, there is a second building on the property facing 111 Terrill Road, currently leased to Rita's Ice and Subway, providing steady rental income. The Front Street building offers approximately 1,200 sq. ft. of office space, along with a 600 sq. ft. garage ideal for running your own business while benefiting from two existing income-producing tenants to help offset the mortgage. The property is zoned B-2, and the owner may assist in pursuing a variance for alternative uses if desired. Located in an X Flood Zone, no flood insurance is required. . If approved, the lot could generate an estimated $5,000 per month in additional income with a use variance . The owner may be willing to contribute toward the cost of obtaining such a variance, depending on the variance.

Location

State NJ

County Union

Zoning B-2

Interior

Heating Gas-Natural

Cooling 3 Units

Heat Source Gas-Natural

Exterior

Parking Features Attached Garage

Utilities Available Electric, Gas-Natural

Building

Sewer Public Sewer

Water Public Water

Others

Ownership See Remarks

Acceptable Financing Cash, Lease Option, Lease Purchase

Listing Terms Cash, Lease Option, Lease Purchase

Virtual Tour https://www.hommati.com/3DTour-AerialVideo/unbranded/1508-Front-St-Scotch-Plains-Nj-07076--HPI62242465

Listed by ERA SUBURB REALTY

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Youssef Genid

Broker | License ID: 9701533

+1(973) 772-0660

1508 Front St Scotch Plains Twp., NJ 07076

Youssef Genid

Key Details

Location

Interior

Exterior

Building

Others

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1508 Front St