26
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$795,000
Est. payment /mo
2,650 SqFt
Active
1582 Irving St Rahway City, NJ 07065
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,650 sqft
Price per Sqft $300
MLS Listing ID 4040258
Year Built 1930
Annual Tax Amount $12,433
Tax Year 2025
Lot Size 4,356 Sqft
Property Sub-Type Mixed Use
Property Description
Exceptional mixed-use investment opportunity in the heart of Rahway! This fully renovated three-story building, updated in 2012, is ideally situated directly across from the Union County Performing Arts Center, offering outstanding visibility and a prime downtown location.The property features approximately 950 square feet of ground-floor retail space along with two residential apartments has amazing earning potential. The residential units include a spacious 3-bedroom, 2-bath apartment and a 3-bedroom, 1-bath apartment. Extensive renovations over the years include a brand-new stucco facade, partially replaced windows, updated kitchens and bathrooms, bamboo and ceramic tile flooring throughout, new furnaces and water heaters, updated plumbing and electrical systems, plus new sheetrock, doors, and trim. This well-maintained, turnkey property is an ideal addition to any investment portfolio, offering immediate cash flow potential.
Location
State NJ
County Union
Zoning S01-COMM
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Equipment Restrooms - Private
Heat Source Gas-Natural
Exterior
Exterior Feature See Remarks, Vinyl Siding
Utilities Available Electric, Gas-Natural
Roof Type Rubberized
Building
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by KELLER WILLIAMS REALTY
NEARBY SCHOOLS & PROPERTIES
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