Multi-Tenant Office Building with Parking
3,808 SF Multi-Tenant Office Building with Ample Parking (Rare in Elizabeth)
Marketing description
This 3,808-square-foot multi-tenant commercial property offers a compelling opportunity for an owner-user or investor. The two-story building is fully occupied by four tenants. The first floor features a well-established chiropractic office (also the building owner) with multiple treatment rooms and welcoming reception area. The second floor features three additional office tenants with separate access and a shared break room. Short-term leases open the door for an owner-user to take over, or an investor to increase rents. The building is positioned on a large one-acre lot and stands out in the area for its abundant on-site parking—a rare and highly desirable feature that enhances convenience for both tenants and visitors. Inquire with broker for more details.
Investment highlights
- Price: $1,300,000
- Building Size: 3,808 SF
- Year Built: 1986
- Total Floors: 2
- Construction Type: Masonry
- Lot Size: 1 Acre
- # Tenants: 4 - Chiro. on 1st floor; 3 office tenants above
- Parking: Approx. 20 surface spaces
- Zoning: RC
- 2025 Rental Income: $76,950
- 2025 Taxes: $12,950
- Rent Roll: Available upon request
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