264 N Broad St Elizabeth, NJ ^$ 899,900

264 N Broad St

^$ 899,900

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Recently Listed

264 N Broad St

Elizabeth, NJ, 07208

^$ 899,900

Bedrooms-- Baths-- Sq 9,999

Monthly Estimate*

^$ 5,541

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Commercial Property for sale in Elizabeth, NJ

for $899,900 with 6 half baths. This building is 9,999 square feet.

Kanela's Lounge, Tavern & Banquet Hall is a dynamic entertainment and dining destination centrally located at 265 North Broad Street in Elizabeth, NJ. This multi-level venue blends a vibrant lounge and tavern atmosphere with full restaurant service, a bar, and an event space ideal for celebrations and social gatherings.Right to purchase the building. Parking after 5pm (in the rear of building). (Approximate Capacity: Hall 150-200. 1st Floor Bar 150-180. Basement 80-100)

Commercial Active

Price

^$ 899,900

Half Bath

Property Type

Commercial

Taxes

^$ 0

Style

Retail

Town/City

Elizabeth

County/Region

Union

MLS | Web ID

4003893

Features

General

Sewer Public Sewer

Heating Forced Hot Air

Cooling Central Air

Utilities All Underground

Possession At Closing

Garage None

Township Elizabeth City

Ownership Corporation

Location Business District

Gross Income 9999

Business Type Retail

Business Name Kanela's Lounge

County Union

Net Operating Income 9999

Operating Expense 9999

Status Active

Directions Head toward Elizabeth on Route 1-9 South.

Drive 2 Car Width Off-Street Parking

Leasable Area 9999

Standard Status Active

Town # 2904

Leasehold Rent $/Mo 13500

Interior

Basement Finished Full Walkout

Fuel Type Gas-Natural

Half Baths 6

Exterior

Water Source Public Water

Road Type Corner

Building Area Total 9999

* Excluded Features

List By

CHRISTIAN COBO

Listing Agent

Bhgre Elite

Broker

ccobo@elitebhg.com

Affordability Calculator

$5,541

Per Month

Monthly Principal & Interest: $5,541
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Elizabeth, NJ

Average List Price ^$920,973

Percent of Sale Price 2%

About Elizabeth, NJ

129,831 Population

8% Since 2002

^$46,469 Median Income

36.09 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

291163 Elementary School

291353 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/7/2026	$899,900		Listed Price

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264 N Broad St, Elizabeth, NJ, 07208 is a Commercial Property for sale at $899,900 with 9,999 sqft. The property's zip code is 07208 which is in Elizabeth, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.

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.

This information is being provided 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.

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264 N Broad St

Commercial Property for sale in Elizabeth, NJ

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