MLS#4019690
STATUS
PROPERTY TYPECommercial - Multiple
Property Description
Great opportunity to own a mixed-use commercial building in an up-and-coming area with strong value-add potential. Property requires renovation, making it ideal for investors or owner-users looking to customize and maximize returns. Currently configured with two residential apartments on the Magnolia Ave side each offering 2 bedrooms and a restaurant on the Trumbull St side with seating for approximately 75 guests. The building spans both Magnolia Ave and Trumbull St, providing multiple access points. Suitable for a variety of uses, including retail, office, restaurant, or redevelopment (buyer to verify permitted uses). Property is being sold strictly as-is.
Property Features
Property Type: Commercial - Multiple
Basement: Unfinished
Basement: Yes
Cooling: 1 Unit, Central Air
Fuel Type: Gas-Natural
Heating: 2 Units
Lot Size: 57.21X77.51 X IRR
Roof Type: Flat, Rubberized
Stories: 2.0
Taxes: $17,572
Feature Descriptions
Days on Site: 1
Equipment Available: Fixtures, Furniture, Refrigeration Unit, Smoke Detector
Exterior: Brick/Block
Flooring: Laminate, Tile
Location: Business District, Residential Area
Lot Dimensions: 57.21X77.51 X IRR
Max Door height: 0
Parking: On-Street Parking
Sewer: Public Available
Units: 3
Utilities: All Underground
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: KELLER WILLIAMS METROPOLITAN
Agency Contact: 973-539-1120
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
645 Magnolia Ave | MLS# 4019690
This commercial property located at 645 Magnolia Ave, Elizabeth, NJ 07206 is currently listed for sale with an asking price of $575,000. Search Elizabeth real estate on www.realtymark.net today.