A prime commercial real estate opportunity in the desirable Nutley, NJ area. The property is currently 100% occupied.
Located in close proximity to the New York Metropolitan area, this property offers an ideal location for those who want easy access to the city while still enjoying the suburban lifestyle. The property is situated close to shopping centers, major highways, and other amenities, making it an attractive location for residents.
With its current occupancy rate, this property offers a stable and predictable income stream for investors. However, the redevelopment potential offers even greater opportunities for those looking to maximize their return on investment. The addition of residential units in this prime location would provide an attractive living option for those who want to live close to the city but still enjoy a suburban lifestyle.