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    OFF-MARKET
    Retail space

    953 Hayden Blvd, Elizabeth, PA 15037-1656

    0.17 ac lot
    Individually Owned Absentee Owner ~ Est. High Equity
    Property ID
    US73-1324158
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents two commercial/retail buildings situated on a nearly one-acre lot comprised of four parcels in Elizabeth Township, Pennsylvania. Boasting an impressive 411 feet of frontage on Route 51, this property offers unparalleled visibility and accessibility. The main building, formerly 51 Auto Parts, encompasses 5135 square feet, complemented by an additional 612-square-foot utility building. A second building, previously an adult video store, offers 1232 square feet of space. Ample paved parking is available between the two structures. The property's strategic location and substantial size make it ideal for a variety of commercial uses. The seller is reserving a cell tower lease, currently located at the rear of the property, adding a significant potential revenue stream. This turnkey investment presents a rare chance to acquire a well-positioned, multi-building property with significant development potential in a high-traffic area. The property's size and location provide excellent opportunities for expansion or redevelopment, catering to a wide range of business needs. The existing buildings offer immediate income potential, while the ample land provides flexibility for future growth. This is a unique opportunity to capitalize on a prime commercial location in a thriving community. The asking price is $375,000.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Lot 0.17 ac (7,472 SF)
    APN 1271-E-5
    UPID US73-1324158
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Ernest Paoletti
    Ernest Paoletti
    1 recorded transaction
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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