Properties

Description

Seize this rare opportunity to own a fully operational, income-generating mixed-use property in the heart of vibrant Elizabeth Ave, one of Elizabeth, NJ's most desirable and bustling locations. This sale includes both the real estate and a thriving restaurant business with strong annual profits, offering an ideal investment for entrepreneurs and investors alike. Restaurant - Fully renovated in 2022, this turnkey restaurant comes complete with all equipment, machinery, furniture, fixtures, menu, and goodwill. The business is in full operation and it has been in operations for twenty plus years, generating impressive annual profits. The basement includes a dedicated office space and a full bathroom for restaurant use. Financials are available to serious buyers upon request. Residential Unit - A spacious three-bedroom apartment featuring one full bathroom, an eat-in kitchen, and a comfortable living room, perfect for rental income. Currently on a 1 year lease at $2,500 per month. Situated in the heart of Elizabeth Ave, a high-traffic area known for its vibrant community, diverse businesses, and strong foot traffic, ensuring excellent visibility and accessibility for the restaurant. Don't miss your chance to own a profitable restaurant and income-producing property in one of Elizabeth's most dynamic areas.

Features

  • Heating System : Baseboard - Hotwater, Forced Hot Air, 2 Units
  • Cooling System : Central Air, 1 Unit
  • Basement : Full, Storage
  • Roof Deck : Flat
  • Tax Assessed Valuation: 588100
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Gas-Natural
  • Internet

Additional Info

  • Office Name: 3SIXTY REALTY LLC
  • Office MLS ID: 6293
  • Agent ID: 301086
  • Tax: 11903
  • Tax Year: 2024
  • Application Fee: $0
  • Zoning: Retail

Commercial For Sale

For Sale
$1,595,000

945 Elizabeth Ave, Elizabeth City, *

  • SQFT 21.20 Acre
  • Built Year 1900

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5375683
  • Price: $1,595,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1900
  • Year Built Description: Approximate
  • Lot Area: 21.20 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Union
  • City Elizabeth City
  • Zipcode *
  • Street: Elizabeth Ave
  • Street Number: 945
  • Street Direction: From 1&9 to Elizabeth Ave
  • Floor Number: 0
  • Longitude: W75° 47' 35.8''
  • Latitude: N40° 39' 36.9''
  • Internet Display Address: Yes
Property