629 Franklin Ave - Office/Residential FOR SALE


Nutley, NJ 07110
$995,000 USD
973-575-6700
629 Franklin Ave, Nutley, NJ for Sale
$995,000 USD
Office/Residential - FOR SALE
1/22
null | Request Cap Rate

629 Franklin Ave
Nutley, NJ 07110


HIGHLIGHTS

  • Residential leases will be disclosed to interested parties only.

OVERVIEW

Exceptional opportunity in a prime location in town to own this mixed-use property consisting of a commercial space on first floor previously used & set up as a dental practice (dental equipment can be included) plus 2 residential rental units on the 2nd floor. Leases are month to month. First floor consists of entrance vestibule, waiting area, front desk area, 6 patient rooms, private office w/half bath, lab, 2 additional half baths, and kitchen area. Plenty of closet/storage. space. Basement is also being used for storage. The 2nd floor consists of 2 residential apartments. Both tenants are month to month. Apartment A is multi floor unit consisting of 2 bedrooms & 1 bath. Nice size rooms and generous closet space. Apartment B is a 1 bedroom, 1 bath unit with a side entrance. Zoned B-1 allows for a variety of opportunities. Nutley B-1 permitted uses in document section. Exclusive driveway allows for ample parking.Sale is for building only, not dental practice.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$267 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,554 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Kyle PoskittRealty ExecutivesMore Info
973-575-6700

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Kyle PoskittRealty ExecutivesMore Info
973-575-6700

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