1201 Grand St Elizabeth, NJ 07201

Property Details for 1201 Grand St

Lot size

0.45 lot acres

Property size

5,000 SF

Property type

Retail properties

Property subtype

Office Properties & Spaces

Description

This exceptional two-story building, totaling 5,000 square feet, presents a unique investment opportunity in the heart of Elizabeth, New Jersey. The property boasts approximately 2,500 square feet of retail space on the ground floor, ideal for a variety of businesses, and an additional 2,500 square feet of executive office space on the second floor, offering a flexible and versatile layout. Located on 0.45 acres at 1201 E Grand St, 07201, this property benefits from a high-traffic location directly across from the Elizabeth Police Department and Elizabeth Municipal Court, ensuring excellent visibility and accessibility. Ample street parking is available along the front and side of the building, as well as on Commerce Boulevard and in a nearby city parking lot. Public transportation, including bus and train services, is within easy walking distance. The surrounding area is vibrant and features a mix of established businesses, including Popeyes, Wells Fargo, Subway, Dollar General, McDonald's, Bank of America, T-Mobile, and Shoppers World, creating a strong retail environment and a diverse customer base. This Net NNN lease property offers a compelling combination of retail and office space, making it an attractive investment for both owner-occupiers and investors seeking a strong return. The building is situated in Union County, offering easy access to major transportation routes and a thriving local economy. This is a rare opportunity to acquire a well-located, versatile commercial property in a high-demand area.