354-360 Union Ave, Elizabeth, NJ 07208
This exceptional investment opportunity presents a fully renovated, two-story office building ideally situated at 354-360 Union Avenue in Elizabeth, New Jersey, zip code 07208. Boasting a substantial 20,000 square feet of space, this single-unit property offers flexible floor plans to accommodate a variety of business needs. The building underwent a complete renovation in 2017, ensuring modern amenities and efficient functionality. The property consists of one building with two stories, providing ample space for various configurations. On-site parking is available, adding significant convenience for tenants and employees. The asking price for this prime commercial real estate is $3,600,000. The property is available for occupancy on October 31, 2024. Located in Union County, this property benefits from its strategic location in Elizabeth, New Jersey, offering easy access to major transportation routes and a thriving business community. This is a rare chance to acquire a well-maintained, updated office building with significant potential for return on investment. Don't miss this opportunity to own a piece of Elizabeth's vibrant commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.