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$ 1,750,000
Est. payment /mo
New
945 Elizabeth Ave Elizabeth City, NJ 07201
2,534 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,534 sqft
Price per Sqft $690
MLS Listing ID 3964788
Year Built 1900
Annual Tax Amount $11,903
Tax Year 2024
Lot Size 2,178 Sqft
Property 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 or owner occupancy. 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.
Location
State NJ
County Union
Zoning Retail
Rooms
Basement Full, Unfinished
Interior
Heating Gas-Natural
Cooling 1 Unit, Central Air
Equipment Appliances, Exhaust System, Fixtures, Furniture, Kitchen Area, Refrigeration Unit, Sign - Building, Smoke Detector
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Gas In Street
Roof Type Flat
Building
Story 2
Sewer Public Available
Water Public Water
Others
Ownership Fee Simple
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Listed by 3SIXTY REALTY LLC