558 Rahway Ave Active

Union Twp.,NJ 07083

$ 699000

- Bed

- Bath

3066 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,066 sqft

Price per Sqft $227

MLS Listing ID 3912312

Year Built 1958

Annual Tax Amount $15,103

Tax Year 2023

Lot Size 7,840 Sqft

Property Description

Discover an exceptional commercial property opportunity at 558 Rahway Ave. in Union. Currently home to the beloved Cozy Corner Deli, this prime location is ready for a new owner to take advantage of its excellent features and potential. This property includes an attached garage with 3 parking spaces and boasts high visibility on Rahway Ave., situated conveniently between Morris Ave. and Rt. 22, with easy access to I-78 and the Garden State Parkway. The spacious first level features a kitchen, stock/storage room, front deli counter, and two public half bathrooms, offering a versatile layout suitable for various business ventures. But that's not all! The property comes with approved architectural and structural plans for three one-bedroom apartments, fully approved by the township, adding significant value and potential for rental income or further business expansion. The atmosphere of the current deli is casual and friendly, reminiscent of a classic New Jersey luncheonette, with counter-style seating and table seating for a welcoming environment. However, the property is adaptable to a variety of business types, providing ample room for customization and growth. In addition to the sale of the building, Cozy Corner Deli is willing to sell their business separately. If you are interested in purchasing the business only, please reach out directly for more details.

Location

State NJ

County Union

Zoning Residential

Interior

Heating Gas-Natural

Cooling 2 Units, Ductless Split AC

Flooring Vinyl-Linoleum

Equipment See Remarks

Heat Source Gas-Natural

Exterior

Exterior Feature See Remarks

Utilities Available Gas In Street

Roof Type Asphalt Shingle

Building

Story 1

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

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