Mixed-use investment opportunity in a rapidly improving Elizabeth neighborhood. Property features four residential apartments and two street-level commercial spaces near the waterfront and major transportation. Residential component includes four 2-bedroom, 1-bath units, all currently leased; two units recently renovated. Commercial component offers: One fully renovated restaurant leased at $3,500/month. Second storefront, formerly Praia da Rocha Fish Market, is now vacant and ready for renovation to suit the next business. Property includes an exclusive driveway with on-site parking, separate residential and commercial entrances, and strong long-term upside supported by surrounding redevelopment and proximity to the Elizabethport waterfront.
Property Features
Heating Information
Electric
Natural Gas
Cooling Information
Window Unit(s)
Water Features
Public
Utilities
Natural Gas Available
Basement
Unfinished
Listing Courtesy: RE/MAX NEW MILLENNIUM GROUP - 908-282-1234