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$1,200,000
4045821 MLS
Rare opportunity to acquire an income-producing mixed-use commercial property, established automotive business, residential rental, and static billboard advertising at 1038 Elizabeth Avenue in Elizabeth, NJ. Positioned on a highly visible corner along a busy commercial corridor, this unique offering provides multiple potential revenue streams within one asset. The ground-floor automotive facility is equipped with five vehicle lifts, service/work areas, office space, and a half bath, offering an excellent opportunity for an owner-operator or investor. The upper level features a spacious 3-bedroom residential apartment with a full bath, kitchen, and living area, providing additional rental income. Static billboard advertising adds another potential source of revenue while capitalizing on the property's strong street exposure and visibility. Approximately 2,800 SF, this mixed-use asset offers flexibility for continued operations, investment, or owner occupancy. Conveniently located near major highways, Newark Liberty International Airport, Port Newark-Elizabeth, shopping, transportation, and surrounding businesses. A unique opportunity to own the real estate while benefiting from commercial, residential, and advertising income potential. Buyer to verify all uses, income, zoning, billboard rights/permits, and property information.

1038 Elizabeth Ave, Elizabeth City
$189,000
4017419 MLS
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.

649 Elizabeth Ave, Elizabeth City

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