1166-1168 E Jersey St - Storefront Retail/Residential FOR SALE


Elizabeth, NJ 07201- Downtown Elizabeth
$1,500,000 USD
908-329-2672
1166-1168 E Jersey St, Elizabeth, NJ for Sale
$1,500,000 USD
Storefront Retail/Residential - FOR SALE
1/23
null | Request Cap Rate

1166-1168 E Jersey St
Elizabeth, NJ 07201
Downtown Elizabeth


HIGHLIGHTS

  • Opportunity Zone
  • Heavy Traffic
  • Redevelopment Zone

OVERVIEW

Prime investment opportunity! This 4-unit mixed-use building features two spacious 4-bedroom apartments and two established bakeries on the ground floor. Located in a designated Opportunity Zone, this property offers strong rental income potential, tax advantages, and long-term growth in a thriving area. Bakery 1: Lease until 2032 Bakery2: Lease Unit 2027

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$169 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,444 SF

ZONING

commercial C-5

APN/PARCEL ID

04-00009-0000-00447

ASK ABOUT THIS PROPERTY

Adrien CortizoThe Arendel GroupMore Info
908-329-2672

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Adrien CortizoThe Arendel GroupMore Info
908-329-2672

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