201-834-0531
661 Franklin Ave, Nutley, NJ for Sale
Office/Residential - FOR SALE
1/28
null | 8.55% Cap Rate

661 Franklin Ave
Nutley, NJ 07110


OVERVIEW

Fully leased 4,627 SF office building on a 65x162 lot on Franklin Ave near Rt 3. Two floors plus attic and basement. 15 offices currently rented as 9 office suites generating $145,423 in gross annual rent; NOI approximately $85,441.56 (roughly a 8.5% cap rate at asking). On-site parking for at least nine cars. B-1 zoning. Close to downtown Nutley, Route 3, Route 21, GSP, and NJ Transit train station. Financials available upon request.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

8.55%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1800

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,677 SF

ZONING

B-1

APN/PARCEL ID

16-02001-0000-00021

ASK ABOUT THIS PROPERTY

Daniel FleisherCorcoran Sawyer SmithMore Info
201-834-0531

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Daniel FleisherCorcoran Sawyer SmithMore Info
201-834-0531

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