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Mixed Use Building with Apartment 616 E Elizabeth Ave 4,260 SF 75% Leased Office Building Linden, NJ 07036 $1,305,185 CAD ($306.38 CAD/SF) 5% Cap Rate
EXECUTIVE SUMMARY
Mixed use opportunity in Linden, NJ. Two buildings with a total of 4 units. The front building consists of 2 separate office spaces and a1 bedroom apartment. The back building consists of an office/warehouse space. All have separate utilities. Furnace replaced 2019 and Hot water heater 2022. Second floor office was renovated in 2019. All leases are month to month.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
4,260 SF
Year Built/Renovated
1968/2019
Price
$1,305,185 CAD
Price Per SF
$306.38 CAD
Cap Rate
5%
NOI
$65,259 CAD
Percent Leased
75%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,130 SF
Building FAR
0.98
Lot Size
0.10 AC
Zoning
L-1
1 1
Walk Score®
Very Walkable (79)
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Mixed Use Building with Apartment | 616 E Elizabeth Ave
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