Description
Prime Corner Lot in the Heart of Elizabeth's Growth
Welcome to 653 Main St., an exceptional opportunity in the heart of Downtown Elizabeth. This charming home sits on a prime 0.30-acre corner lot on Main Street, perfectly positioned amid the town's upcoming Streetscape enhancements, new Main Street parking lot, and potential future mixed-use projects.
While currently a comfortable four-bedroom, two-bath residence with a finished basement, newer roof, hot water heater, and furnace-plus a single-car detached garage and workshop area-the existing home is move-in ready and offers excellent rental potential. However, the property's value extends well beyond its livable condition-thanks to its rare DT (Downtown) zoning.
Enjoy unbeatable exposure and visibility on Main Street, ideal for anyone seeking commercial or mixed-use opportunities. DT zoning allows numerous by-right uses such as restaurants, offices, retail, bed-and-breakfast, and more, plus special review options for ADUs, multi-family, gyms, or even a movie theater.
With the Town's vision for thoughtful, dynamic growth-bolstered by Streetscape improvements designed to create a vibrant, pedestrian-friendly Main Street-653 Main St. presents both immediate enjoyment and long-term potential. Live in or lease out the home now, or pursue a complete redevelopment to capitalize on this prime downtown location.
Seize this unique chance to be part of Elizabeth's expanding future-schedule your showing today to discover the possibilities.
Disclaimer: All information provided is deemed reliable but not guaranteed and should not be relied upon without independent verification. Any proposed use or development is subject to approval by the Town of Elizabeth. Buyer is responsible for confirming zoning, permitted uses, and any applicable development requirements. Renderings are conceptual only and intended to illustrate potential use; they do not represent approved plans.
