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$1,800,000 2042 Lincoln Hwy Route 27, Edison Twp., NJ 08817

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GREAT OPPORTUNITY TO OWN A WELL ESTABLISHED GARAGE AND GAS STATION. THERE ARE 2 NEW 10,000 GALLON UNDERGROUND FIBERGLASS OIL TANKS AND PARKING IN THE REAR THAT CAN HOLD APPROX 50 CARS, 2 GAS PUMPS WITH 4 NOZZELS AND 4 BAYS FOR SERVICING VEHICLES. THERE ARE TENANTS WHO HAVE A 20 YEAR LEASE FOR THE GAS PUMPS FOR $3500 PER MONTH, WHICH COULD TERMINATE OR STAY WITH NEW OWNERS

  • Exterior Features

    Bays

    • 4

    Docks

    • 0

    Garage Capacity

    • 50

    Loading Info

    • Drive-In Doors

    Parking Available

    • 50

    Parking Description

    • Additional Parking
    • Blacktop

    Roof

    • Asphalt Shingle

    Siding

    • Concrete
  • Interior Features

    Basement

    • No

    Basement Description

    • Slab

    Ceiling Height Max

    • 20

    Cooling System

    • None

    Door Height Max

    • 20

    Doors

    • 4

    Floors

    • Concrete

    Lavatories

    • 2
  • Property Features

    Documents Available

    • Income & Expenses
    • Leases
    • Survey

    Equipment Available

    • Office Equipment
    • Fire Alarm
    • Lifts
    • Sign - Freestanding
    • Storage Tank
    • Machinery
    • Restrooms - Public

    Expenses Include

    • Taxes
    • Electricity
    • Payroll
    • Gas/Oil
    • Water/Sewer
    • Insurance

    Expenses Operating

    • 0

    Heat Source

    • Oilabove

    Heat System

    • 1 Unit
    • Forced Hot Air

    Income Gross Operating

    • 0

    Income Net Operating

    • 0

    Location

    • Freestanding
    • Highway Location

    Maintenance Fee

    • 0

    Ownership

    • Feesimpl

    Sale Includes

    • Building & Business
    • Equipment

    Services

    • Garbage Included

    Sewer

    • Public Sewer

    Tax Amount

    • 21690

    Tax Rate

    • 4.24

    Tax Rate Year

    • 2010

    Tax Year

    • 2010

    Type

    • Gasstgar

    Utilities

    • Electric
    • Gas-Natural

    Water

    • Public Water

    Zoning

    • Comm
Price History
DATE DAYS AGO EVENT NEW PRICE
May 12, 2012 9 days ago Price Reduced: -$200,000 (-10%) $1,800,000
Mar 3, 2012 79 days ago Price Reduced: -$500,000 (-20%) $2,000,000
Sep 21, 2011 243 days ago New on market $2,500,000
IMPORTANT: Exact pinpoint locations are not always correct. We try to get as close as we can, but address data and coordinates are sometimes inaccurate. We apologize in advance for this inconvenience, which is beyond our control.

Ask an Expert :: 2042 Lincoln Hwy Route 27

Christine Cura

Christine Cura


Broker Associate
Cura and Associates
481 Memorial Pkwy
Metuchen, NJ 08840


Office:
866. 991.7889


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