1595 Lincoln HwyEdison, NJ 08817

Property Details for 1595 Lincoln Hwy

Year built

1922

Property type

Other commercial real estate

Property subtype

Other retail properties

Description

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.

Location Insight

City

Edison

County

Middlesex

State

New Jersey

Latitude

40.508

Longitude

-74.4129

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