$1,750,000
For Sale

945 E Elizabeth Avenue

Elizabeth, NJ 07201
2534 sqft | 4 baths | 0.05 acres | #2514130R
Browse 23 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

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.

  • Property Details
      • InteriorAppliances, Machinery, Fixtures, Office Equipment, Refrigeration, Furniture, Storage, Lighting Fixtures
      • Utility FeaturesElectricity Connected, Natural Gas Connected, Gas In Street, Separate Utilities
      • HeatingBaseboard, Forced Air, Separate Furnaces
      • Lot DescriptionBusiness District, Commercial Area
      • FloorsTile, Wood, Lighting Fixtures
      • Sewer InformationPublic Sewer
      • Structure TypeFreestanding
      • GasNatural Gas
      • Property SubtypeInvestment
      • Parking FeaturesOn Street
      • Property TypePurchase
      • MLS #2514130R
      • MLS #2514130R
      • Taxes Annual$11,903
      • Cost1750000
      • Acres0.0487
      • Utility SourcePublic
      • WaterPublic
      • CountyUnion
      • Square Feet2534
      • Year Built1900
      • RoofFlat
      • Bathrooms4
      • Full Baths4
      • Stories2

Location

Jose Irizarry-RiveraReal Estate Group
OR

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