NJ
Union
Elizabeth City
07206
552 Elizabeth Ave
552 Elizabeth Ave, Elizabeth City, NJ 07206
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Listing Type
Commercial/Industrial
Listing Status
active
1
$549,000

Home Details for 552 Elizabeth Ave

Price
$549,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1900
Lot size acres
0.09
County
Union
Garage
Days on site
209
MLS Listing#
3957429
Property Description

Value-Add Mixed-Use Opportunity in Red-Hot Elizabethport! 552-554 Elizabeth Ave offers stable income today with huge upside for tomorrow. This mixed-use building features 2 spacious 2-bed/1-bath units, 1 non-conforming 1-bed unit, and a commercial space currently used as an auto repair shop. Long-term tenants mean under-market rents, leaving room for increased cash flow. Property presents a rare chance for potential redevelopment into a higher-density multi-unit mixed-use property (buyer to verify). With over 30 years under one owner, this is the kind of investment that doesn't come around often, ideal for investors or developers looking to capitalize on the area's explosive growth. Sold as-is. Buyer is responsible for due diligence.

Property Features
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
  • Utilities
    • Underground Utilities
Listing Courtesy: EXP REALTY, LLC - 866-201-6210
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Median Listing Price
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Median Square Feet
Market statistics compiled from data from Garden State MLS.
EXIT PLATINUM REALTY
200 Claremont Ave, Montclair, NJ 07042
John Johnson III
Franchisee
Office
973 746 4777
Agent
908 338 0639
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