Skip To Content

943 Elizabeth Ave

Elizabeth City, NJ 07201
  • $55,000
  • STATUS: Active
  • ON SITE: 40 Days
  • MLS #: 3945878
Price Reduced
UPDATED: 42 min ago
$55,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,875
    SQFT
  • $29
    $/SQFT
Type:
Business Opportunity
County:

School Ratings & Info

Description

Be your own boss! Purchase this long-standing, successfully operating business with positive cash flow and significant upside growth opportunity. This business has been operated by the Seller for 10 years and is positioned for further growth by the new owner through expanded sales of convenience items and lottery proceeds. Build your cash flow on the strategic location in a highly visible and thriving commercial area with excellent signage visibility, pedestrian and vehicular traffic, and ample public parking. Benefit from customer traffic to and from the adjacent cannabis dispensary and other nearby business establishments. Seller willing to guide the new owner. List price includes all inventory, equipment, fixtures, and furnishings, except Point-of-Sale equipment/software and business name. Landlord open to new lease with new owner. Approx. 1,500 square feet of retail floor area (per Seller), plus basement storage. New business name and signage required.

Monthly Payment Calculator



Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Group. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Group are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-03-26T13:47:25.063.
www.srrealestategroup.com/homes/160500298
Print Image

943 Elizabeth Ave Elizabeth City, NJ 07201

  • Price: $55,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 42 min ago
  • MLS #: 3945878
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,875
SQFT
$29
$/SQFT
County:
Union
Area:
Elizabeth City
Property Description
Be your own boss! Purchase this long-standing, successfully operating business with positive cash flow and significant upside growth opportunity. This business has been operated by the Seller for 10 years and is positioned for further growth by the new owner through expanded sales of convenience items and lottery proceeds. Build your cash flow on the strategic location in a highly visible and thriving commercial area with excellent signage visibility, pedestrian and vehicular traffic, and ample public parking. Benefit from customer traffic to and from the adjacent cannabis dispensary and other nearby business establishments. Seller willing to guide the new owner. List price includes all inventory, equipment, fixtures, and furnishings, except Point-of-Sale equipment/software and business name. Landlord open to new lease with new owner. Approx. 1,500 square feet of retail floor area (per Seller), plus basement storage. New business name and signage required.
Exterior Features

Garage Description On-Street ParkingSee Remarks Location Business DistrictCommercial AreaShared Building Parking Driveway Description 1 Car WidthDriveway-Shared Road Type County Street

Interior Features

Available Sq Ft 1875 Basement Yes Basement Description PartialUnfinished Cooling 1 UnitCentral Air Fuel Type Gas-Natural Number Of Lavatories 1

Property Features

Business Classification Retail Business Established 2014 Business Name Urge Smoke Shop Documents Available Financial Statements Existing Lease 3-5 YearsNew Lease RequiredSeller Does Not Own Building Gross Operating Income 310606 Heating 1 UnitForced Hot Air Income Expense Source Owner Lease Amount Month 3406 Net Operating Income 29004 Ownership Type See Remarks Price Includes Customer ListFurnishingsGoodwillInventoryTrade Fixtures/Equipment Primary Business Classification Retail Real Estate For Sale No RE Available Sewer Public Sewer Total Operating Expense 132510 Utilities ElectricGas In Street Utility Amount 6446 Water Public Water Zoning C-2 & CRO

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 201-666-0777.


Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Group. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Group are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-03-26T13:47:25.063.
 
https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3945878-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3945878-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3945878-2.jpg
Logo
Christie's International Real Estate Group
47 Maple Street
Summit NJ, 07901