945 Elizabeth Ave Elizabeth, NJ 07201
Turnkey restaurant and income-producing apartment in a high-traffic location.
Property size:
2,534 SFLot size:
0.05 AcresProperty Features for 945 Elizabeth Ave
General Information
- Standard status
- Active
- Size
- 2,534 SF
- Lot size
- 0.05 Acres
Building Details
- Year built
- 1900
Source:
Corcoran
Listing Agent: Jamille Hernandez
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Profitable Restaurant & Mixed-Use Property
This mixed-use property features a fully operational restaurant and a residential unit, situated on Elizabeth Ave. The restaurant, renovated in 2022, includes all equipment, machinery, furniture, fixtures, and a menu. The restaurant business has been in operation for over twenty years and generates annual profits. The basement includes a dedicated office space and a full bathroom for restaurant use. The property also includes 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. Located in a high-traffic area, the property benefits from a vibrant community, diverse businesses, and strong foot traffic. The property size is 2534 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Cali Burger
Hamburger Restaurant
Similar Places Nearby
Lydia's Heavenly Eats
Location Insight
- Map
- Local Demand
- City
- Elizabeth
- County
- Union
- State
- New Jersey
- Longitude
- -74.2066687
- Latitude
- 40.6603262
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FAQs
What type of property is this?
Restaurant - Turnkey restaurant and income-producing apartment in a high-traffic location.
Where is this restaurant 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 mixed-use property with a thriving restaurant business.; - Restaurant fully renovated in 2022, turnkey with all equipment, machinery, furniture, fixtures, and menu included.; - Restaurant has a 20+ year operating history with strong annual profits (financials available).