2 1st St, Elizabeth, NJ 07206-1627
This exceptional commercial property, located at 2 1ST ST in Elizabethport, NJ, presents a compelling investment opportunity. Boasting a generous 3,933 square feet of space, this general commercial building sits on a conveniently sized 0.03-acre lot. The property's strategic location in Elizabethport offers excellent accessibility and visibility, making it suitable for a wide range of commercial ventures. The asking price of $2700 suggests significant potential for return on investment. The building's substantial square footage allows for versatile configurations to accommodate diverse business needs. Whether you envision a retail space, office complex, or light industrial operation, this property's adaptability makes it a highly attractive prospect. Its prime location within Elizabethport ensures easy access to transportation routes and a thriving local market. The compact lot size offers efficient use of land, minimizing maintenance and overhead costs. Serious inquiries are encouraged to explore the full potential of this exceptional commercial property and its promising investment prospects. Further details regarding zoning and permitted uses are readily available upon request. Don't miss this chance to acquire a valuable asset in a dynamic and growing area.
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Ram Ranch Gym & Fitness Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.