1508 Front St, Scotch Plains, NJ 07076, Scotch Plains, NJ 07076
sale
$1,200,000
|
Office
Courtesy Of Era Suburb Realty Agency
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, . Located in an X Flood Zone, no flood insurance is required. The lot behind the building offers potential rental income . . Potential cap rate of 10%
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Property Features
- Architecture Style: Other
- MLSID: 3989304
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