This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1 Highland Ave
Metuchen, NJ 08840
Retail Property For Sale
Investment Highlights
- Completely Renovated and Updated
- Over 5,700 sq ft of premium office space
- Walking distance to NYC train and all major highways and retail centers
PROPERTY FACTS
Amenities
- Air Conditioning
About 1 Highland Ave , Metuchen, NJ 08840
Unbelievable opportunity to own this completely renovated and remodeled building in the heart of downtown Metuchen just 0.2 miles from NYC train station, major highways, major retail centers on a highly trafficked corner lot. Building is fully leased and completely occupied by 3 tenants with a Net Operating Income of more than $185k a year. Tenant A 5,408 sq ft of rented space occupying 69.16% of building Tenant B 1,272 sq ft of rented space occupying 16.27% of building Tenant C 1,140 sq ft of rented space occupying 14.58% of building Gross Income $247,669 Gross Expenses $62,519 Net Operating Income $185,150
PROPERTY TAXES
| Parcel Number | 09-00117-0000-00054-01 | Improvements Assessment | $525,000 |
| Land Assessment | $175,000 | Total Assessment | $700,000 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
