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261-263 2Nd St Elizabeth, NJ 07206

For Sale
$999,000

Investment opportunity with commercial storefronts and residential apartment.

Source: RE/MAX New Millennium Group

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Corner Property in Elizabethport

This corner property is located in Elizabethport, a growing area near the waterfront and major transportation routes. The property features three income-generating units. There are two commercial storefronts and a 2-bedroom residential apartment. The commercial units are currently leased and operating as a restaurant and a liquor store. The upstairs 2-bedroom apartment has a private entrance. The property is located on a corner with high visibility and foot traffic. This property may be suitable for investors seeking a turnkey asset or business owners looking to live and work in one location. The property's location offers proximity to redevelopment projects.
Insight Report Location Intelligence

Current Use by Public Records

Drug stores

Suggested Use

Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Skin Care Clinic Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Lydia's Heavenly Eats, Moe's Southwest Grill

Location Insight

  • Map
  • Local Demand
City
Elizabeth
County
Union
State
New Jersey
Longitude
-74.1825166
Latitude
40.6537403

FAQs

What type of property is this?
Restaurant - Investment opportunity with commercial storefronts and residential apartment.
Where is this restaurant located?
The property is located at 261-263 2Nd St Elizabeth, NJ.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: - Prime corner location with high visibility and steady foot traffic.; - Three income-generating units: two commercial storefronts (restaurant and liquor store) and a 2-bedroom apartment.; - Established commercial tenants provide immediate income.
More about this property
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