264-268 Nth Broad StElizabeth, NJ 07208

Property Details for 264-268 Nth Broad St

Lot size

0.17 AC

Property size (Sq ft)

11,400 SF

Property type

Other commercial real estate

Property subtype

Other retail properties

Description

This exceptional 11,400 square foot retail/office building is situated on a busy stretch of North Broad Street in Elizabeth, New Jersey's Town Center. The property boasts two floors, each approximately 5,700 square feet. The first floor features a newly renovated open space, perfect for an owner-occupier or tenant, complete with two private offices and two new bathrooms. The second floor is also renovated (2015) and currently leased for $4,841 per month plus utilities. A significant advantage is the private parking lot, spanning 44 x 90 feet on Morris Avenue, providing parking for 7-9 vehicles, plus additional spaces via a side driveway. Building amenities include two gas heating units, three central air conditioning units, security cameras, and a new roof installed in 2018. The building's prime location is just half a block from the train station, ensuring high visibility and accessibility. The owner is open to leasing the first floor for $9,500 per month ($20.00 per square foot) plus utilities. The 0.17-acre lot and the building's strong features make this a compelling investment opportunity priced at $2,500,000.

Location Insight

City

Elizabeth

County

NJ

State

New Jersey

Latitude

40.6684

Longitude

-74.216

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