SQUARE FEET5,074
MLS#4040052
STATUS
PROPERTY TYPECommercial - Office
Property Description
Don't miss this fully occupied 4-unit mixed-use office/retail building located on busy Elizabeth Avenue in the heart of Elizabeth's thriving commercial corridor. This income-producing property features approximately 5,074 square feet of rentable space offering immediate cash flow with all four units currently leased on month-to-month agreements. The property includes separate utilities, natural gas heat, public water and sewer, and fire alarm equipment. Prime location offers outstanding visibility and convenient access to Route 1, surrounded by established businesses and residential neighborhoods.The sale is contingent upon the Seller?s successful completion of a Section 1031 Exchange. The Seller must identify and secure the purchase of a replacement investment property. The Buyer agrees to cooperate with the Seller?s 1031 Exchange at no additional cost or liability to the Buyer
Property Features
Property Type: Commercial - Office
Cooling: 4+ Units
Fuel Type: Gas-Natural
Heating: 4+ Units
Lot Size: 8.36 Acres
Roof Type: Flat
Stories: 4.0
Taxes: $15,404
Year Built: 1920
Feature Descriptions
Days on Site: 6
Equipment Available: Fire Alarm
Exterior: Brick/Block
Location: Business District
Lot Dimensions: 8.36 acre(s)
Max Door height: 0
Sewer: Public Sewer
Units: 4
Utilities: Electric, Gas In Street
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: COLDWELL BANKER REALTY
Agency Contact: 973-930-2601
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
All commissions are negotiable
Disclaimer:
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1029 Elizabeth Ave | MLS# 4040052
This commercial property located at 1029 Elizabeth Ave, Elizabeth, NJ 07201 is currently listed for sale with an asking price of $1,175,000. Search Elizabeth real estate on www.joinrealtymark.net today.