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$ 1,175,000
Est. payment | /mo
5,074 SqFt
$ 1,175,000
Est. payment | /mo
5,074 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,074 sqft
Price per Sqft $231
MLS Listing ID 4040052
Year Built 1920
Annual Tax Amount $15,404
Tax Year 2025
Lot Size 8.360 Acres
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
Location
State NJ
County Union
Zoning Commercial
Interior
Heating Gas-Natural
Cooling 4+ Units
Equipment Fire Alarm
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block
Utilities Available Electric, Gas In Street
Roof Type Flat
Building
Story 4
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by COLDWELL BANKER REALTY
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