Investor Alert: Prime Mixed-Use Multi-Building Portfolio in High-Traffic Morris Ave Corridor, Incredible investment opportunity to acquire two contiguous mixed-use buildings (292 and 296 Morris Ave) positioned directly in the heart of a vibrant, high-density district. Sharing a common wall, this unique package features expansive commercial footprints paired with four massive residential units, delivering an immediate, diversified cash-flow stream with immense value-add potential.Property Highlights:292 Morris Ave (Commercial & Residential): Main floor configured as fully functional commercial office space, currently utilized by a staffing agency. Levels above house 2 large, high-ceiling apartments perfect for steady rental income.296 Morris Ave (Turnkey Nightlife & Residential): Ground floor operates as a fully built-out bar and nightclub, anchoring local nightlife traffic. Upper levels contain 2 additional expansive apartments with strong tenant appeal.Bonus Development Space: Both properties feature massive, separate, unfinished basements providing exceptional storage or footprint expansion opportunities.Maximize your portfolio with this rare double-lot footprint offering dual-industry commercial stability and reliable residential upside.
Listed By
Agency Name: ALLIGATOR PROPERTY MANAGEMENT LLC
Agency Contact: 908-289-5108
Shown By
Agent Name: EURI K BAYLOR JOHNSON
Agent Phone: Cell: (609) 255-0920
Agency Title: RealtyMark
290 Morris Ave R | MLS# 4032511
This commercial property located at 290 Morris Ave R, Elizabeth, NJ 07208 is currently listed for sale with an asking price of $1,800,000. Search Elizabeth real estate on eurijohnson.realtymark.net today.