60-62 S 4th St - Storefront Retail/Residential FOR SALE


Elizabeth, NJ 07206
$799,000 USD
646-683-7148
60-62 S 4th St, Elizabeth, NJ for Sale
$799,000 USD
Storefront Retail/Residential - FOR SALE
1/41
null | Request Cap Rate

60-62 S 4th St
Elizabeth, NJ 07206


HIGHLIGHTS

  • High visibility
  • Corner lot
  • Great location with large lot.

OVERVIEW

Mixed-use corner property in a great location at the intersection of Franklin Street and 4th Street. The building includes the following:First Floor:Nail Salon: $2,800/month (with central AC)Juice Bar: $1,600/month. (Now Vacancy)Warehouse: $1,700/month ( Now Vacancy)Second Floor:Two apartments generating a total of $3,000/month (window AC units)The attic is currently empty with sufficient ceiling height, offering potential for future renovations or additional living space (as shown in the picture).Estimated future total monthly income: $9,100Lot Size: 50 x 100Annual Property Tax estimate: $24,000Parking: Easy street parkingAdditional Info: The owner is motivated to sell!

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$145 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

2

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

-

APN/PARCEL ID

04-00003-0000-00376

ASK ABOUT THIS PROPERTY

li(Ryan) WangSany Realty Group LLCMore Info
646-683-7148

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li(Ryan) WangSany Realty Group LLCMore Info
646-683-7148

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