970 Grand StElizabeth, NJ 07202
- Other commercial real estate
- 6,135 SF
Property Details for 970 Grand St
- Year built
- 1940
- Lot size
- 0.08 AC
- Property size (Sq ft)
- 6,135 SF
- Property type
- Other commercial real estate
- APN
- 04 00384-0000-00001
- APU
- 400384000000001
Description
This exceptional 6,135 square foot commercial land parcel, located at 970 W Grand Street, presents a unique investment opportunity. Zoned COMMERCIAL (APN 0400384000000001), this single-tenant property offers significant potential for a variety of businesses. Previously occupied by a barbershop, the site benefits from high visibility and foot traffic in a bustling commercial area. The property features a single-story building with no on-site parking. Utilities are conveniently divided between tenant and landlord responsibilities. The tenant is responsible for cable, cooking gas, and electricity. Landlord responsibilities include building maintenance, sewer, taxes, heat, cold water, and snow removal. This is an ideal location for an entrepreneur seeking a high-traffic, established commercial space to bring their business vision to life. The property's prime location and favorable utility arrangement make it an attractive proposition for discerning investors and business owners alike. This is a rare opportunity to acquire a well-situated commercial property with significant upside potential. Act quickly to secure this exceptional offering.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,160,982
- Hospitality
- $1,063,453
- Educational
- $884,781
- Medical
- $915,210
- Retail
- $1,376,325
Location Insight
- City
- Elizabeth
- County
- Union
- State
- New Jersey
- Latitude
- 40.6626
- Longitude
- -74.2432
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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