645 Magnolia AveElizabethport, NJ 07206

This exceptional investment opportunity presents a three-unit mixed-use commercial building ideally situated in the burgeoning Elizabethport, NJ area. The property, located at 645 Magnolia Ave, boasts a substantial 5,600 square feet of space. The main component is a thriving restaurant with a seating capacity of 75 patrons. All restaurant appliances, fixtures, furniture, and refrigeration units are included in the sale, ensuring a seamless transition for a new owner. Adding to the property's value are two fully renovated apartments, each featuring two bedrooms. These apartments, situated on Trumbull Street, underwent complete renovations in 2006, offering immediate rental income potential. The building presents a unique blend of established commercial activity and residential income streams, making it an attractive proposition for investors seeking a diversified portfolio. The property is offered at $600,000 and represents a compelling chance to capitalize on the growth and revitalization of the Elizabethport neighborhood. The absence of a land parcel (0 acres) indicates the building is likely situated on a smaller lot, typical of urban commercial properties. This turnkey operation offers a ready-made business and income-generating residential units, minimizing the need for extensive upfront investment and maximizing immediate return. Serious inquiries are encouraged.