167-171 W Main St | Rahway, NJ 07065
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- LoopNet Team
167-171 W Main St
Rahway, NJ 07065
Multifaceted Acquisition | Across from UCPAC · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 11,000-SF mixed-use property with a restaurant build-out and apartment mix, offering abundant parking on a 0.34-acre lot in Rahway, New Jersey.
- One-of-a-kind owner/user or value-add investment opportunity to acquire a premier asset in a thriving submarket with low vacancies and high demand.
- Beneficially encapsulated by desirable demographics where over 400,000 residents have an average household income of $117,362 within a 5-mile radius.
- Advantegously located adjacent to Union County Performing Arts Center in Rahway’s Arts District, with easy access to major thoroughfare US Route 1/9.
- Conveniently situated in walking distance from Rahway Station, offering seamless NJ Transit connections to New York Penn Station and Philadelphia.
- Heavily trafficked location with a generous consumer spending of nearly $5 billion annually with about $1.3 billion spent solely on food expenses.
PROPERTY FACTS
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,240 SF
Building Class
C
Year Built
1955
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.46
Lot Size
0.41 AC
Parcel Number
13-00161-0000-00009
Parking
30 Spaces (2.73 Spaces per 1,000 SF Leased)
Frontage
1 of 1
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