264-268 Nth Broad St Elizabeth, NJ 07208
- Retail properties
- 11,400 SF
- 0.17 lot acres
Current Use by Public Records
- Retail properties
Property Details for 264-268 Nth Broad St
- Lot size
- 0.17 lot acres
- Property size
- 11,400 SF
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 11,400 square foot retail/office building is situated on a busy stretch of North Broad Street in Elizabeth, New Jersey's Town Center. The property boasts two floors, each approximately 5,700 square feet. The first floor features a newly renovated open space, perfect for an owner-occupier or tenant, complete with two private offices and two new bathrooms. The second floor is also renovated (2015) and currently leased for $4,841 per month plus utilities. A significant advantage is the private parking lot, spanning 44 x 90 feet on Morris Avenue, providing parking for 7-9 vehicles, plus additional spaces via a side driveway. Building amenities include two gas heating units, three central air conditioning units, security cameras, and a new roof installed in 2018. The building's prime location is just half a block from the train station, ensuring high visibility and accessibility. The owner is open to leasing the first floor for $9,500 per month ($20.00 per square foot) plus utilities. The 0.17-acre lot and the building's strong features make this a compelling investment opportunity priced at $2,500,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elizabeth
- County
- NJ
- State
- New Jersey
- Longitude
- -74.216
- Latitude
- 40.6684
