Log In/Sign Up
Your email has been sent.
60-62 S 4th St 5,500 SF 100% Leased Retail Building Elizabeth, NJ 07206 $799,000 ($145.27/SF)
INVESTMENT HIGHLIGHTS
- High visibility
- Great location with large lot.
- Corner lot
EXECUTIVE SUMMARY
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!
PROPERTY FACTS
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,500 SF
Building Class
C
Year Built
1910
Price
$799,000
Price Per SF
$145.27
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.15
Lot Size
0.11 AC
Frontage
52’ on S 4th St
AMENITIES
- Corner Lot
- Signage
- Signalized Intersection
- Storage Space
Walk Score®
Very Walkable (88)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 04-00003-0000-00376 | Improvements Assessment | $1,173,700 |
| Land Assessment | $180,000 | Total Assessment | $1,353,700 |
PROPERTY TAXES
Parcel Number
04-00003-0000-00376
Land Assessment
$180,000
Improvements Assessment
$1,173,700
Total Assessment
$1,353,700
1 of 42
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
60-62 S 4th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.