Property

Elizabeth City, NJ 07201 943 Elizabeth Ave

943 Elizabeth Ave Elizabeth City, NJ - Image 1943 Elizabeth Ave Elizabeth City, NJ - Image 2943 Elizabeth Ave Elizabeth City, NJ - Image 3
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943 Elizabeth Ave Elizabeth City, NJ - Image 4943 Elizabeth Ave Elizabeth City, NJ - Image 5943 Elizabeth Ave Elizabeth City, NJ - Image 6943 Elizabeth Ave Elizabeth City, NJ - Image 7943 Elizabeth Ave Elizabeth City, NJ - Image 8943 Elizabeth Ave Elizabeth City, NJ - Image 9943 Elizabeth Ave Elizabeth City, NJ - Image 10943 Elizabeth Ave Elizabeth City, NJ - Image 11
Presented By: CORCORAN INFINITY PROPERTIES; 201-666-0777
  • MLS# 3945878
  • 02/12/2025
  • Request Tour
  • Request Info
  • Full/Half Baths • 0 / 1
  • SQFT • 1,875

Home Details

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.
Presented By: CORCORAN INFINITY PROPERTIES; 201-666-0777

Interior Features for 943 Elizabeth Ave

Bathrooms

Half Baths1

Other Interior Features

BasementPartial, Unfinished
Fuel TypeGas-Natural

General for 943 Elizabeth Ave

Business NameUrge Smoke Shop
Business TypeRetail
Cooling1 Unit, Central Air
CountyUnion
Directionswest of Reid St
Documents AvailableFinancial Statements
Drive1 Car Width, Driveway-Shared
Existing Lease3-5 Years, New Lease Required, Seller Does Not Own Building
GarageOn-Street Parking, See Remarks
Gross Income310606
Heating1 Unit, Forced Hot Air
Leasable Area1875
Lease Amount3406
LocationBusiness District, Commercial Area, Shared Building
Net Operating Income29004
Number of Employees2
Operating Expense132510
OwnershipSee Remarks
PossessionFlexible
SewerPublic Sewer
Standard StatusActive
StatusActive
Town #2904
TownshipElizabeth City
UtilitiesElectric, Gas In Street
ZoningC-2 & CRO

Exterior for 943 Elizabeth Ave

Building Area Total1875
Road TypeCounty Street
Water SourcePublic Water

Additional Details

Price History

YOLANDA CASSIDY-BOGAN

Associate
Price $55,000
MLS#3945878
List Date 02/12/2025
Property Type Business Op
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