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Retail Space in Prime Location
For Lease
$2,000/Mo

970 W Grand St, Elizabeth, NJ 07202

Retail space for rent in a high-traffic Elizabeth location.

Space SizeContact for details
Lot Size0.08 Acres
Days on Market647

Property Features for 970 W Grand St

General Information

Standard status Active
Lot size 0.08 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $14,653

Amenities

On-Street Parking

Building Details

Year Built 1940
Listing Agency: WEICHERT REALTORS
Listed By: JINET VENTURA
Source: Corcoran
Added: Dec 6, 2024 Changed: Sep 6 Last Checked: Sep 13 at 7:43AM

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 WEICHERT REALTORS

Investment Insights

Based on property information with market context.

This retail space, formerly a barbershop, is available for rent in a prime location. The property offers potential for various business opportunities. The tenant is responsible for cable, cooking gas, and electricity. The landlord covers building maintenance, sewer, taxes, heat, cold water, and snow removal.

Key Highlights

  • Prime business location with high visibility.
  • Huge potential for various business opportunities.
  • Tenant only responsible for cable, cooking gas, and electricity.

Property Analytics

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Current Use

A Sharp Barbershop Barber Shop

Suggested Use

Top Pick Parking Lot & Garage Travel Agency Acupuncture Skin Care Clinic HVAC Service Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,112
Businesses Nearby
197k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 33% Shops & Services 30% Dining 19% Home Improvements & Furnishings 15%
ShopRite Groceries
65,275 visits/mo 0.3 miles
The Home Depot Home Improvements & Furnishings
29,814 visits/mo 0.1 miles
Dollar General Shops & Services
25,092 visits/mo 0.4 miles
Dunkin' Donuts Dining
16,211 visits/mo 0.5 miles
Chase Bank Shops & Services
10,851 visits/mo 0.2 miles

Demographics for 07202, NJ

43,389
Population
15,866
Households
2.7
Avg Household Size
36
Median Age
13%
College-Educated
76%
High-School Grad
2.3 sq mi
ZIP Area
18,865
Density / Sq Mi
$68,071
Median Household Income
$40,505
Median Earnings
$1,508
Median Rent
$358,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space for rent in a high-traffic Elizabeth location.
Where is this retail space located?
The property is located at 970 W Grand St Elizabeth, NJ.
What is the lease rate?
The lease rate is $2,000/Mo.
What are key features of this property?
This property features: Prime business location with high visibility.; Huge potential for various business opportunities.; Tenant only responsible for cable, cooking gas, and electricity.
More about this property
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