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$ 1,675,000
Est. payment /mo
New
1508 Front St Scotch Plains Twp., NJ 07076
3,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,800 sqft
Price per Sqft $440
MLS Listing ID 3989304
Year Built 1960
Annual Tax Amount $22,629
Tax Year 2024
Lot Size 0.470 Acres
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, . 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%
Location
State NJ
County Union
Zoning B-2
Interior
Heating Gas-Natural
Cooling 3 Units
Equipment Restrooms - Private, See Remarks
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Story 1
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by ERA SUBURB REALTY
