$275,000
MLS# 22011236
Status: Closed
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Property Description
Neighborhood favorite througout the years since the 1940s serving breakfast and lunch. Excellent steady traffic from local businesses, municipal shiftwork and from those travelling via Newark Airport. Building had been gutted and updated in 2017 : HVAC, kitchen appliances and dining interior. Turn key operation ready owner. Located in a business district with possibilities of expansion to grow through local office catering and on-line ordering services, too. Access to NJ Turnpike. Ample parking in private lot. Lease opportunity available, too. Building can be utilized for other business opportunities **POSSIBLE ADDTIONAL SPACE AVAILABLE FOR PARKING AND/OR DEVELOPING PENDING OWNER APPROVAL**Annual Ground Lease
Details
Contract Info
Status: Closed
List Date: 2020-03-24
Property Sub-Type: Commercial
Sale: Yes
Lease: No
Sold Price: $275,000
Current Price: $275,000
Location
County: Union
Postal City: Elizabeth
State: NJ
Zip Code: 07201
Area/Section: None
Complex/Subdivision: None
Directions: I-95 N to Elizabeth. Take the North Ave W exit from NJ-81 N
General Property Info
# Levels: 1
Garage: No
Business Operating: Yes
Year Established: 1941
Franchise: No
Tax and Legal
Taxes: 2565
Tax Year: 2019
Status Change Info
Under Contract Date: 2021-06-29
Sold Date: 2021-09-17
Sold Price: $275,000
Property Features
Location: Business District; Near Turnpike Access; Business District; Near Turnpike Access
Use: Restaurant; Other
Interior: Fire Alarm; Security System
Seat Capacity: 25 - 50
Cooling: Central Air
Heating: Forced Air; Natural Gas
Water Heater: Natural Gas
Water: Public Water
Sewer: Public Sewer
Gas: On Site
Electric: Other - See Remarks
Exterior: Display Window
Parking: On Site; Open; Paved
Assessment Status: Assessed
Financing: Cash
Listing Office: ERA Central Realty Group
Listing Agent: Roslyn Sibilia
Last Updated: June - 09 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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