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  1. Retail
  2. For Sale
  3. Elizabeth
Jayce Lopez 850,000 USD

Commercial - Commercial/Retail - Elizabeth, New Jersey, United States - United States

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Jayce Lopez

RE/MAX New Millennium Group

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850000.0000 USD
1026109014-10 Commercial/Retail RE/MAX 1026109014-10 1026109014-10 https://global.remax.com/en/listings/usa/commercial/retail/for-sale/elizabeth/1131-elizabeth-ave-1133/1026109014-10

Commercial - Commercial/Retail - Elizabeth, New Jersey, United States - United States

Commercial in Elizabeth City, NJ

850,000 USD https://global.remax.com/en/listings/usa/commercial/retail/for-sale/elizabeth/1131-elizabeth-ave-1133/1026109014-10 InStock
 
1131 Elizabeth Ave # 1133 - Elizabeth, New Jersey, United States
Lot Size:
0.07 acre(s)
LOOKING FOR A PROPERTY THAT CHECKS THE "LOCATION VISIBILITY, AND INCOME POTENTIAL" BOXES ALL AT ONCE? THIS MIXED-USE BUILDING ON BUSTLING ELIZABETH AVE IN ELIZABETH, NJ IS EXACTLY THAT. WITH TWO STOREFRONTS ON THE FIRST FLOOR AND TWO APARTMENTS UPSTAIRS, IT'S A FLEXIBLE INVESTMENT THAT PUTS YOU RIGHT IN THE CENTER OF NONSTOP FOOT AND VEHICLE TRAFFIC. YES, THE BUILDING NEED SOME TLC, BUT THE BIG-TICKET ITEMS ARE ALREADY HANDLED NEWER ROOF, NEARLY NEW WATER HEATERS. SEPARATE UTILITIES (WITH THE EXCEPTION OF THE HEAT BETWEEN THE STORES) THAT MEANS YOU CAN FOCUS ON THE UPDATES THAT BOOST VALUE INSTEAD OF THE COSTLY REPAIRS NO ONE LIKES TO TALK ABOUT. ON THE FIRST FLOOR, YOU'LL FIND HIGH-VISIBILITY COMMERCIAL SPACES PERFECT FOR RETAIL, SERVICE BUSINESSES, OR FUTURE TENANTS WITH BIG IDEAS. UPSTAIRS ARE TWO RESIDENTIAL UNITS, BOTH ON MONTH TO MONTH LEASES, GIVING INVESTORS THE FLEXIBILITY TO RAISE RENTS, RENOVATE, OR REPOSITION BASED ON THEIR STRATEGY. IF YOU'RE AN INVESTOR LOOKING FOR A PROPERTY WITH STRONG UPSIDE, GREAT EXPOSURE, AND BUILT-IN INCOME FROM DAY ONE-THIS IS THE OPPORTUNITY. REPAIRS DONE BTW 2022-2024 HEATING, WATER HEATERS, ROOFS, ELECTRICAL CIRCUITS, AND OTHER COSMETICS REPAIRS.
Features Description


All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
Jayce Lopez - RE/MAX New Millennium Group
+1 (908) 282-1234 0 - 99999999 Jayce Lopez Jayce Lopez https://global.remax.com/en/agents/usa/hillside/jayce-lopez/1026109014 1042 N Broad St
Hillside, New Jersey, United States
07205

Jayce Lopez

RE/MAX New Millennium Group

+1 (908) 282-1234 0 - 99999999 USD United States RE/MAX RE/MAX New Millennium Group Hillside 1042 N Broad St
Hillside, New Jersey, United States
07205


+1 (646) 434-9662
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+1 (908) 282-1234 0 - 99999999 Jayce Lopez Jayce Lopez https://global.remax.com/en/agents/usa/hillside/jayce-lopez/1026109014 1042 N Broad St
Hillside, New Jersey, United States
07205

RE/MAX New Millennium Group

1042 N Broad St
Hillside, New Jersey, United States
07205
https://new-millennium-group-hillside-nj.remax.com/
+1 (908) 282-1234 0 - 99999999 USD United States RE/MAX RE/MAX New Millennium Group Hillside

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