Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

964 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

612 S Broad St 2,776 SF 100% Leased Retail Building Elizabeth, NJ 07202 $1,113,221 CAD ($401.02 CAD/SF)

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

Fully leased mixed-use property with retail and residential income streams.
Deep 200-foot lot providing potential for future redevelopment.
Updated windows and overall well-maintained building condition.

Reported monthly income of $7,325 with tenants covering most utilities.
Located in a dense business district with strong rental demand.

Executive Summary

Excellent investment opportunity. Established store (Smoke Shop rent is $2500), established tenant with existing lease. First floor apartment rented @ $1950 per month, second floor is one large unit - rent is $2525. The rents are apparently lower than market value. The garage is being rented for $350 month. Total monthly income is $7,325. Tenants pay all utilities except for water, sewer insurance and maintenance. Building is in very nice condition over all. There is an unfinished basement. Updated windows. Very large deep lot 200 feet.