871 Elizabeth Ave, Elizabeth City, NJ 07201
871 Elizabeth Ave, Elizabeth City, NJ 07201
871 Elizabeth Ave, Elizabeth City, NJ 07201
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Naveen Sharma

Naveen Sharma

+1(732) 429-0939
$260,000
Est. payment /mo
1,600 SqFt
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 1,600 sqft

Price per Sqft $162

MLS Listing ID 4019248

Property Description

Opportunity for an owner-operator or investor looking to step into an established (turnkey) business in a busy and strategic location in the heart of Elizabeth. Restaurant/Pizzeria type, conveniently situated near business & major public transportation routes (1 & 9) and within close proximity to mayor offices of Elizabeth City Hall, (Police Department, Fire Department etc.). This business has been successfully operating for over 10 years and has built a loyal customer base in the community. The restaurant serves a variety of ethnic and American cuisine, including pizza, appealing to a broad range of customers. This turnkey operations include: 2 pizza ovens, a 6-burner stove, fryer, grill, cold buffet stand, warmer stand, meat cutter machine, large dough/batter beater machine, large walk-in freezer,3 soda machines (owned by vendors), refrigerator, fixtures, etc. 5 Year Lease expiring end of 2030 for $3400/month - Utilities approx $600/month . Current seating capacity: 13 tables with 4 chairs each. Potential for improvement - could benefit from remodeling to maximize the layout and create additional seating capacity, providing an opportunity for the new owner to further grow the business. Information on gross & net income will be available to willing & able buyers only.

Location

State NJ

County Union

Zoning commercial

Interior

Heating See Remarks

Cooling See Remarks

Heat Source See Remarks

Exterior

Parking Features None

Utilities Available Electric

Building

Sewer See Remarks

Water Public Water

Others

Ownership Sole Proprietorship

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Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

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871 Elizabeth Ave