Commercial Real Estate for Sale at 433 Elizabeth Ave in Elizabeth City, NJ for $990,000

Listing data updated October 28, 2024 - 5:52pm
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433 Elizabeth Ave | Elizabeth City

$990,000 | 0.0 Sq. Ft.

Discover 433 Elizabeth Ave, a versatile mixed-use building perfect for investors. Situated on a busy main road, this property features a 2,000 sqft storefront with a lease expiring in February 2025, ideal for various business opportunities. The second floor offers a spacious 4-bedroom, 2-bathroom unit, leased until December 2025, while the third floor includes a cozy 2-bedroom, 1-bathroom unit on a month-to-month lease. All units?both residential and commercial?are currently rented below market value, presenting significant potential for increased income. Each residential unit boasts a private entrance, ensuring comfort and privacy. Conveniently located just minutes from shops, restaurants, and public transportation, this property is an excellent investment opportunity! GSMLS 3930673

Directions to property: Rahway Ave to Elizabeth Ave

MLS Listing ID: 
GSMLS 3930673
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$990,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Primary Market Area: 
Elizabeth City
Address: 
433 Elizabeth Ave, Elizabeth City, NJ 07206-1129, U.S.A.
County: 
Union
Latitude: 
40.6531600
Longitude: 
-74.1971700
Directions: 
Rahway Ave to Elizabeth Ave
Public Remarks: 
Discover 433 Elizabeth Ave, a versatile mixed-use building perfect for investors. Situated on a busy main road, this property features a 2,000 sqft storefront with a lease expiring in February 2025, ideal for various business opportunities. The second floor offers a spacious 4-bedroom, 2-bathroom unit, leased until December 2025, while the third floor includes a cozy 2-bedroom, 1-bathroom unit on a month-to-month lease. All units?both residential and commercial?are currently rented below market value, presenting significant potential for increased income. Each residential unit boasts a private entrance, ensuring comfort and privacy. Conveniently located just minutes from shops, restaurants, and public transportation, this property is an excellent investment opportunity!
Building Details
Details about the building on a property.
Stories: 
3
Year Built: 
2016
Living Area: 
0.0
Basement: 
Slab, Unfinished
Construction
Construction Materials: 
Wood
Roof: 
Flat
Exterior: 
Brick/Block, Concrete
Energy Information: 
Electric, Gas-Natural
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
3 Units
Heating System Fuel: 
Gas-Natural
Cooling System: 
3 Units
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.06
Lot Size (Dimensions): 
25X100
Waterfront: 
0
Lot Features
Driveway: 
None
Parking Type: 
None
Public Record
Parcel Number: 
2904-00680-0000-00041-0000-
Lot Number: 
41
Annual Tax: 
$15,039.00
Property Zoning: 
R-3A
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
WEICHERT REALTORS

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