624-632 Spring St 0.39 Acres of Commercial Land Offered at $1,400,000 in Elizabeth, NJ 07201



PROPERTY FACTS
Price | $1,400,000 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Commercial |
Total Lot Size | 0.39 AC |
Zoning | C-3 |
1 LOT AVAILABLE
Lot
Price | $1,400,000 |
Price Per AC | $3,589,743.59 |
Lot Size | 0.39 AC |
+/- 0.39-acre lot for commercial/residential redevelopment;
DESCRIPTION
+/- 0.39-acre lot for commercial/residential redevelopment; Block 8, Lots 1569, 1570 and 1572 Two curb cuts - one from US Highway 1 South and the other one from Spring Street; Zoned in HC - Highway Commercial which permits professional and business offices, neighborhood and local convenience uses, general and specialty retail, hotels, entertainment uses, major retail and community services, etc. Residential apartments are permitted on second and third floors; Approx. 69,104 vehicles per day traffic count at Spring St & Woodruff Lane NE (2022) Approx. 3 miles away from Newark International Airport. * Option for a ground lease