1160 E Grand St - Storefront Retail/Residential FOR SALE


Elizabeth, NJ 07201- Downtown Elizabeth
$2,350,000 USD
301-332-2775
1160 E Grand St, Elizabeth, NJ for Sale
$2,350,000 USD
Storefront Retail/Residential - FOR SALE
1/5
null | 5.98% Cap Rate

1160 E Grand St
Elizabeth, NJ 07201
Downtown Elizabeth


OVERVIEW

2 Buildings next to each other, with a small garage/warehouse in the back. Beautiful buildings. New green cards for both buildings. Consists of a total of 8 apartments, 3 commercial spaces, and one tenant occupying the rear garage. There is a lot of room for growth in the rents. Total About 11,347 SF 1160-1164 Apt. 1 (1bd) $1,097 Apt. 2 (1bd) $1,380 Apt. 3 (1bd) $1,535 Apt. 4 (1bd) $965 Retail 1 (about 2500 SF) $3,800 1168-1170 Apt. 1 (2bd) $1,450 Apt. 2 (2bd) $1,358 Apt. 3 (2bd) $1,570 Apt. 4 (2bd) $1,700 Retail (about 750 SF) $1,300 Retail (about 1000 SF) $1,575 Garage $1,750

FOR SALE DETAILS

PRICE

$2,350,000 USD

PRICE/SF

$470 USD /SF

CAP RATE

5.98%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,369 SF

ZONING

-

APN/PARCEL ID

04-00009-0000-00359

ASK ABOUT THIS PROPERTY

Ethan KhaldarMountain EquitiesMore Info
301-332-2775

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Ethan KhaldarMountain EquitiesMore Info
301-332-2775

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.