19 Franklin St - Storefront Retail/Office FOR SALE


Bloomfield, NJ 07003 | 
$1,900,000 USD
973-768-8124
19 Franklin St, Bloomfield, NJ for Sale
$1,900,000 USD
Storefront Retail/Office - FOR SALE
1/38
null | 8.01% Cap Rate

19 Franklin St
Bloomfield, NJ 07003


OVERVIEW

Opportunity meets momentum at 19 Franklin Street; a fully renovated mixed-use asset in the heart of thriving Bloomfield. Reimagined in 2023 with modern finishes and income optimization in mind, this turnkey property delivers immediate cash flow with 6 income-producing rental spaces under one roof. The 2nd floor features three spacious 2-bedrooms, 1-bath residential apartments, thoughtfully updated with stainless steel appliances, sleek contemporary cabinetry, in-unit laundry, and hardwood flooring. On the ground level, a fully leased retail storefront benefits from constant exposure and steady traffic, while the separately rented garage and basement create additional revenue streams that maximize the property's earning potential. Beyond the numbers, this is the kind of asset investors wait for: low maintenance, fully updated, and strategically positioned for long-term appreciation. Positioned directly across from a shopping center, bank, restaurants, and public transportation, 19 Franklin Street sits in one of Bloomfield's most commuter-friendly and high-visibility locations, a major advantage for both residential and commercial tenants alike. With multiple streams of consistent income, strong rental demand, and a prime location in an expanding market, this is more than a property; it's an opportunity engineered for lasting returns. Add this exceptional investment property to your portfolio today.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$269 USD /SF

CAP RATE

8.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,918 SF

ZONING

B-2

APN/PARCEL ID

02-00435-0000-00002

ASK ABOUT THIS PROPERTY

Andreia MelnikoffUnited Real EstateMore Info
973-768-8124

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Andreia MelnikoffUnited Real EstateMore Info
973-768-8124

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.