558 Rahway AveUnion, NJ 07083

  • Other commercial real estate
  • 3,066 SF
For Sale
$75,000 View listing

Property Details for 558 Rahway Ave

Year built
1958
Construction
CONCRETE BLOCKS
Lot size
0.18 AC
Property size (Sq ft)
3,066 SF
Property type
Other commercial real estate
APN
19 03703-0000-00015
APU
1903703000000015

Description

This exceptional opportunity presents a well-established catering and deli business located at 558 Rahway Ave., Union, NJ, 07083, in Union County. The property is listed at $75,000 and offers a turnkey operation with an already-developed client base. This special purpose property is perfect for an entrepreneur seeking an immediate income stream. The business is ready for a new owner to step in and continue its success. No units are included in the sale; the offering is solely for the established business itself. The business's strong reputation and loyal customer base provide a solid foundation for future growth and profitability. This is a rare chance to acquire a profitable, established business in a desirable location. The address is easily accessible, offering convenient access for both customers and suppliers. This presents a unique opportunity for someone looking to own their own business with minimal start-up costs and immediate revenue potential. The business is currently operating and ready for a seamless transition to new ownership. Serious inquiries only. Financial details will be provided upon request and after a non-disclosure agreement is signed. This is a fantastic opportunity to own a thriving business in a vibrant community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $580,207
    Hospitality
    $531,467
    Educational
    $442,174
    Medical
    $457,381
    Retail
    $687,826
558 Rahway Ave, Union, New Jersey

Location Insight

City
Union
County
Union
State
New Jersey
Latitude
40.6983
Longitude
-74.301
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$14,578
$15,600
$54,100
$69,700
-
$15,600
$54,100
$69,700

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