Language and Region
Currency

This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.

Email*

Please enter a valid email address.

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

Send me a copy

961 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

827 Elizabeth Ave

3,472 SF 100% Leased Retail Building Elizabeth, NJ 07201 £780,321 (£225/SF) 6.85% Net Initial Yield

.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

High Visibility / Traffic / Foot Traffic
Retail / Residential Mixed Use

Retail Business District

Executive Summary

Fully leased with below market month-to-month tenants, this mixed-use property is located in the Union Square business district and offers investors a significant upside opportunity.

UN-Brochure-827-Elizabeth

Elizabeth, NJ Code of Ordinances-Cannabis-Overlay

Financial Summary (Pro forma - 2024) Click Here to Access	Annual	Annual Per SF
Gross Rental Income	$99,999	$9.99
Other Income	-	-
Vacancy Loss	-	-
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 - 2024) Click Here to Access

Gross Rental Income
Annual	$99,999
Annual Per SF	$9.99

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$99,999
Annual Per SF	$9.99

Taxes
Annual	$99,999
Annual Per SF	$9.99

Operating Expenses
Annual	$99,999
Annual Per SF	$9.99

Total Expenses
Annual	$99,999
Annual Per SF	$9.99

Net Operating Income
Annual	$99,999
Annual Per SF	$9.99

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Storefront Retail/Residential

Building Size

3,472 SF

Building Class

Year Built/Renovated

1900/2017

Price

£780,321

Price Per SF

£225

Net Initial Yield

6.85%

NOI

£53,452

Percent Leased

100%

Tenancy

Multiple

Number of Floors

Building FAR

1.33

Land Acres

0.06 AC

Opportunity Zone

Yes

Zoning

C-2 - C-2 Zone with Cannabis retail overlay providing a range of permitted use options for the storefront.

Parking

4 Spaces

Frontage

25 ft on Elizabeth Ave

1 of 1

map
traffic

Walk Score ®

Walker's Paradise (91)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers	Multiple 04-00007-0000-00352 04-00007-0000-00351	Total Assessment	£1,435,191
Land Assessment	£355,050	Annual Taxes	-£1 (£0.00/sf)
Improvements Assessment	£1,080,141	Tax Year	2024