169 W Main St Under Contract Save Request In-Person Tour Request Virtual Tour
Rahway City,NJ 07065
Key Details
Property Type Multi-Family
Listing Status Under Contract
Purchase Type For Sale
Subdivision Union County Performing Art
MLS Listing ID 3837505
Year Built 1890
Annual Tax Amount $21,453
Tax Year 2022
Lot Size 0.300 Acres
Property Description
BACK ON MARKET, LOCATED IN UPCOMING DOWNTOWN RAHWAY ARTS DISTRICT, BEHIND THE UNION COUNTY PERFORMING ARTS CENTER, BLOCKS FROM THE HAMILTON STAGE ARTS CENTER AND JUST BLOCKS AWAY FROM NJ TRANSIT TRAIN STATION AND NUMEROUS OTHER RESTAURANTS AND BARS, THE COMPLEX CONTAINS A MULTI LEVEL CITY APPROVED 380 CAPACITY RESTAURANT AND BAR, 2 LARGE DUPLEX APARTMENTS ABOVE. lIQUOR LICENSE. LARGE PARKING LOT WITH 30 PLUS PARKING,SPACES, A RIVER VIEW. THERE IS TREMENDOUS REDEVELOPMENT IN DOWNTOWN, NUMEROUS EATERIES, BARS HAVE RECENTLY OPENED AND THOUSANDS OF NEW APTS BUILT OR ABOUT TO BE BUILT. THERE IS A STRONG MARKET FOR APT RENTALS. THIS PROPERTY IS JUST MINUTES FROM RTES 1&9 AND QUICK RIDE TO GSP..REAR PART OF BUILDING DAMAGED BY KITCHEN FIRE, BUT MAIN BUILDING AND BASEMENT ARE FULLY IN TACT, PLUS SALE INCLUDES 171 MAIN WHICH IS CONNECTED NEXT DOOR AND CONTAINS COMBINED 2 OTHER 2 & 3 BEDROOM UNITS AND HUGE REAR YARD WITH POTENTIAL FOR POSSIBLE BEER GARDEN OR OTHER USE. THESE 2 APT UNITS ARE FULLY OCCUPIED..
Location
State NJ
County Union
Zoning com/residenti
Rooms
Basement Full, Unfinished, Walkout
Interior
Heating Gas-Natural
Cooling Central Air, Window A/C(s)
Flooring Carpeting, Tile, Vinyl-Linoleum
Equipment Appliances, Kitchen Area, Restrooms - Private, Restrooms - Public, Security System, Smoke Detector, Sprinkler System
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Gas In Street
Roof Type Asphalt Shingle
Building
Lot Description Stream On Lot, Wooded Lot
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple