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Investment Highlights

  • Turnkey Investment Property w/ Value Add

Executive Summary

Charming Downtown Elizabeth Building with Endless Potential. This versatile building with a new roof, windows, hot water tank, plumbing and many other new features offers a unique opportunity in the heart of Elizabeth just steps from the river front and surrounded by the vibrant summer festivities the area is known for. The ground floor is currently home to a well-loved chocolate shop Snowy's (Not included in the sale), giving the property great street presents and steady foot traffic. Downstairs has 2 handicap bathrooms a party room and a commercial kitchen with grease trap. Building passed the health inspection and utilities are separate from the upstairs apartment. The spacious second level has been completely gutted and is ready for transformation for a second rental income. With its open layout, it's ideal for creating a large apartment, loft or mixed-use space tailored to your needs. This property combines prime location with exceptional potential.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,261 SF
Year Built
1920
Price
$326,135 CAD
Price Per SF
$76.54 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.69
Lot Size
0.06 AC
Zoning
C1 - Commercial
Frontage
41’ on 2Nd Ave
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Giant Eagle
KeyBank
Village Inn

Property Taxes

Property Taxes

Parcel Number
1133-L-00201-0000-00
Land Assessment
$18,735 CAD
Improvements Assessment
$74,803 CAD
Total Assessment
$93,538 CAD
  • Listing ID: 38262093

  • Date on Market: 2025-10-30

  • Last Updated:

  • Address: 122 S 2nd Ave, Elizabeth, PA 15037

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