Prime location right across from the Courthouse on the corner of S. Broad Street and Elizabeth Avenue. Great investment opportunity. Tenants pay own utilities. Office pays for 30% of taxes. Restaurant pays for water and sewer. Owner pays only for insurance and remainder of taxes. Office has 5 years left on the lease (with 5% increase per year). Rent for restaurant with
use of basement. Property has a 6.1% Cap Rate. The property is also known as 2 S. Broad Street, Elizabeth. See attached income and expense sheet.