Commercial Real Estate for Sale at 261 2nd St in Elizabeth City, NJ for $999,000

Listing data updated September 2, 2025 - 4:01pm
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261 2nd St | Elizabeth City

$999,000 | 4 Baths (4 Half) | 6,425 Sq. Ft.

Excellent investment opportunity in the heart of Elizabethport a vibrant and growing area just minutes from the waterfront and major transportation! This high-visibility corner property features three income-generating units, including two established commercial storefronts and a 2-bedroom residential apartment. Property Features: Prime corner location with great exposure and steady foot traffic. Two commercial units currently leased and operating as a restaurant and a liquor store. Upstairs 2-bedroom apartment with a private entrance ideal for an owner-occupant or to generate additional rental income. This property is perfect for investors seeking a turnkey asset in a revitalizing area, or business owners looking to live and work in one location. With its corner presence and proximity to redevelopment projects in Elizabethport, this is a smart buy with strong upside potential. GSMLS 3965540

Directions to property: Elizabeth Ave to 2nd St

MLS Listing ID: 
GSMLS 3965540
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$999,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Primary Market Area: 
Elizabeth City
Address: 
261 2nd St, Elizabeth City, NJ 07206-2057, U.S.A.
County: 
Union
Latitude: 
40.6538000
Longitude: 
-74.1825800
Directions: 
Elizabeth Ave to 2nd St
Public Remarks: 
Excellent investment opportunity in the heart of Elizabethport a vibrant and growing area just minutes from the waterfront and major transportation! This high-visibility corner property features three income-generating units, including two established commercial storefronts and a 2-bedroom residential apartment. Property Features: Prime corner location with great exposure and steady foot traffic. Two commercial units currently leased and operating as a restaurant and a liquor store. Upstairs 2-bedroom apartment with a private entrance ideal for an owner-occupant or to generate additional rental income. This property is perfect for investors seeking a turnkey asset in a revitalizing area, or business owners looking to live and work in one location. With its corner presence and proximity to redevelopment projects in Elizabethport, this is a smart buy with strong upside potential.
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
9999
Living Area: 
6,425
Basement: 
Full
Construction
Construction Materials: 
See Remarks
Roof: 
Flat
Exterior: 
See Remarks
Energy Information: 
Electric, Gas-Natural
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
4
Total Half-Bathrooms: 
4
Utilities
Information about utilities available on the property.
Heating System: 
1 Unit, Radiators - Steam
Heating System Fuel: 
Electric, Gas-Natural
Cooling System: 
No Cool
Water Source: 
Public Water
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.12
Lot Size (Dimensions): 
50X100
Waterfront: 
0
Lot Features
Driveway: 
None
Parking Type: 
None
Total Parking Spaces: 
0
Public Record
Parcel Number: 
2904-00815-0000-00001-0000-
Lot Number: 
1
Annual Tax: 
$16,640.00
Property Zoning: 
Comm/Res
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
RE/MAX NEW MILLENNIUM GROUP

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