Commercial Real Estate for Sale at 649 Elizabeth Ave in Elizabeth City, NJ for $189,000

649 Elizabeth Ave | Elizabeth City

$189,000 | 2 Baths (2 Half) | 1,300 Sq. Ft.

The business is a fully turn key, operational, cash-flowing restaurant located in vibrant Elizabeth, New Jersey, offering dine-in, takeout, and delivery services through major platforms such as DoorDash and Uber Eats. 120 maximum capacity, space for outdoor lounge In 2025, the operation demonstrated strong financial performance, reinforcing its stability and long-term growth potential. The business generated $537,668 in annual revenue and $147,602 in net operating income, achieving an above-average 27.4% operating margin. This level of performance positions the business as a high-quality, income-producing asset within the New Jersey restaurant market. All inventory included. Condition: FULLY RENOVATED, PLENTY OF STORAGE SPACE, Fully equipped kitchen and commercial-grade refrigeration systems. A liquor license is not included in the offering; however, one may be available for separate purchase through a third-party owner, presenting an opportunity to further enhance revenue. Business name not included in sale, financial reports are available. GSMLS 4017419

Directions to property: Hudson St to I-78 W/Holland Tunnel, I-78 W, US-1&9 S, Exit from US-1 S/US-9 S, Left onto Elizabeth A

MLS Listing ID: 
GSMLS 4017419
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: 
$189,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Primary Market Area: 
Elizabeth City
Address: 
649 Elizabeth Ave, Elizabeth City, NJ 07206-2721, U.S.A.
County: 
Union
Latitude: 
40.6574400
Longitude: 
-74.2012200
Directions: 
Hudson St to I-78 W/Holland Tunnel, I-78 W, US-1&9 S, Exit from US-1 S/US-9 S, Left onto Elizabeth A
Public Remarks: 
The business is a fully turn key, operational, cash-flowing restaurant located in vibrant Elizabeth, New Jersey, offering dine-in, takeout, and delivery services through major platforms such as DoorDash and Uber Eats. 120 maximum capacity, space for outdoor lounge In 2025, the operation demonstrated strong financial performance, reinforcing its stability and long-term growth potential. The business generated $537,668 in annual revenue and $147,602 in net operating income, achieving an above-average 27.4% operating margin. This level of performance positions the business as a high-quality, income-producing asset within the New Jersey restaurant market. All inventory included. Condition: FULLY RENOVATED, PLENTY OF STORAGE SPACE, Fully equipped kitchen and commercial-grade refrigeration systems. A liquor license is not included in the offering; however, one may be available for separate purchase through a third-party owner, presenting an opportunity to further enhance revenue. Business name not included in sale, financial reports are available.
Community Information
Subdivision: 
Elizabeth Avenue
Building Details
Details about the building on a property.
Living Area: 
1,300
Basement: 
Finished-Partially, Full
Construction
Energy Information: 
See Remarks
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
2
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
2
Utilities
Information about utilities available on the property.
Heating System: 
1 Unit
Heating System Fuel: 
See Remarks
Cooling System: 
1 Unit, Central Air
Water Source: 
Public Water
Sewer: 
Public Available
Lot Features
Driveway: 
See Remarks
Parking Type: 
See Remarks
Garage: 
See Remarks
Public Record
Parcel Number: 
2904-00641-0000-00041-0000-
Contract Details
Details about the listing contract.
Possession: 
ASAP
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
BHGRE ELITE

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