NJ > Elizabeth
Elizabeth, NJ 07201,945 Elizabeth AVE
Elizabeth, NJ 07201,945 Elizabeth AVE
Elizabeth, NJ 07201,945 Elizabeth AVE
Elizabeth, NJ 07201,945 Elizabeth AVE
Elizabeth, NJ 07201,945 Elizabeth AVE
Elizabeth, NJ 07201,945 Elizabeth AVE
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Jaynie Carlucci

Jaynie Carlucci

+1(908) 873-7306
$ 1,595,000
Est. payment | /mo

2.5 Baths

2,534 SqFt

Save Virtual Tour
$ 1,595,000
Est. payment | /mo
Save Virtual Tour

2.5 Baths

2,534 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 2,534 sqft

Price per Sqft $629

MLS Listing ID 2601975R

Full Baths 1

Half Baths 3

Year Built 1900

Annual Tax Amount $12,198

Tax Year 2023

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. Currently on a 1 year lease at $2,800 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.

Location

State NJ

County Union

Zoning Retail

Interior

Flooring Tile, Wood

Appliance Refrigerator

Heat Source Natural Gas

Exterior

Utilities Available Natural Gas Connected

Roof Type Flat

Building

Lot Description Business District

Story 2

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 0400309000000044

Energy Description Natural Gas

Virtual Tour https://www.propertypanorama.com/instaview/msx/2601975R

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

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agent

Jaynie Carlucci

Agent | License ID: 1974183

+1(908) 873-7306

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945 Elizabeth AVE