NJ > Elizabeth
Elizabeth, NJ 07201,945 E Elizabeth AVE
Elizabeth, NJ 07201,945 E Elizabeth AVE
Elizabeth, NJ 07201,945 E Elizabeth AVE
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Lisa Baker

Lisa Baker

+1(973) 221-9055
$1,750,000
Est. payment /mo
4 Baths
2,534 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 2,534 sqft

Price per Sqft $690

MLS Listing ID 2514130R

Full Baths 4

Year Built 1900

Annual Tax Amount $11,903

Tax Year 2024

Lot Size 2,121 Sqft

Acres 0.0487

Lot Dimensions 100.00 x 0.00

Property Sub-Type Investment

Source CJMLS API

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 Commercial

Interior

Interior Features Appliances, Machinery, Fixtures, Office Equipment, Refrigeration, Furniture, Storage, Lighting Fixtures

Heating Baseboard, Forced Air, Separate Furnaces

Cooling A/C Central - Some

Flooring Tile, Wood, Lighting Fixtures

Appliance Appliances, Refrigeration, Exhaust System

Heat Source Natural Gas

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Gas In Street, Separate Utilities

Roof Type Flat

Building

Lot Description Business District, Commercial Area

Story 2

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 0400309000000044

Energy Description Natural Gas

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Central Jersey MLS (CJMLS)
Listed by 3SIXTY REALTY LLC
agent
Lisa Baker

Agent | License ID: 2186236

+1(973) 221-9055 | lisa.baker@cbrealty.com

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