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Mixed-Use Property with Restaurant Business

945 Elizabeth Ave Elizabeth, NJ 07201

945 Elizabeth Ave, Elizabeth, NJ, 07201
$1,595,000
For Sale
$1,595,000

Income-generating property with a thriving restaurant and residential unit.

Property Size2,534 SF
Lot Size0.05 Acres
Price / SF$629.44
Days on Market351

Property Features for 945 Elizabeth Ave

General Information

Standard status
Active
Size
2,534 SF
Lot size
0.05 Acres
Property subtype
Commercial

Building Details

Year Built
1900
Listing Agency 3SIXTY REALTY LLC
Listed by JAMILLE HERNANDEZ
Source Corcoran
Added: Aug 1, 2025 Checked: Jul 17 at 2:27 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of 3SIXTY REALTY LLC


Investment Insights

Based on property information with market context.

This mixed-use property is located in the vibrant Elizabeth Ave area of Elizabeth, NJ. The sale includes the real estate and a fully operational restaurant business that has been in operation for over twenty years, generating annual profits. The restaurant was fully renovated in 2022 and comes complete with all equipment, machinery, furniture, fixtures, menu, and goodwill. The basement includes a dedicated office space and a full bathroom for restaurant use. Financials are available to serious buyers upon request. The property also features a three-bedroom apartment with one full bathroom, an eat-in kitchen, and a living room. The apartment is currently on a one-year lease at $2,800 per month. The property is situated in a high-traffic area known for its vibrant community, diverse businesses, and strong foot traffic, ensuring excellent visibility and accessibility for the restaurant. The property size is 2534 square feet.

Key Highlights

  • Fully operational, profitable restaurant business included in sale - a true turnkey opportunity with all equipment, furniture, and goodwill.
  • Prime location on Elizabeth Ave, offering excellent visibility and accessibility in a high‑traffic area.
  • Additional income‑producing three‑bedroom apartment currently leased at $2,800 per month.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Cali Burger Restaurant

Suggested Use

(Bike/Boat/Book/etc) Store Catering Service Veterinary Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Store Clothing & Fashion Store Pet Store & Service Restaurant (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Mixed-use property - Income-generating property with a thriving restaurant and residential unit.
Where is this mixed-use property located?
The property is located at 945 Elizabeth Ave Elizabeth, NJ.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Fully operational, profitable restaurant business included in sale - a true turnkey opportunity with all equipment, furniture, and goodwill.; Prime location on Elizabeth Ave, offering excellent visibility and accessibility in a high‑traffic area.; Additional income‑producing three‑bedroom apartment currently leased at $2,800 per month.
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