725 Bloomfield Ave - Bank FOR SALE


Verona, NJ 07044
$1,901,460 USD
201-704-8831
725 Bloomfield Ave, Verona, NJ for Sale
$1,901,460 USD
Bank - FOR SALE
1/11
null | 5.5% Cap Rate

725 Bloomfield Ave
Verona, NJ 07044


HIGHLIGHTS

  • Prime frontage on a major commercial thoroughfare with high traffic counts.
  • Located in Verona, a wealthy suburban community that supports strong, stable retail demand.
  • Immediate access to neighboring Montclair and major transit routes, drawing a broad pool of regional and local tenants.
  • Significant potential for capital appreciation through immediate lease-up of vacant space or property repositioning.

OVERVIEW

Strategically positioned along one of Essex County's primary commercial corridors, this asset benefits from strong pedestrian traffic and direct frontage on Bloomfield Avenue. Verona's affluent suburban demographics and robust retail demand underpin stable occupancy fundamentals, with value-add potential through lease-up and repositioning. Proximity to Montclair and major transit arteries further supports tenant diversification.

FOR SALE DETAILS

PRICE

$1,901,460 USD

PRICE/SF

$660 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

C2

APN/PARCEL ID

20-01608-0000-00010

ASK ABOUT THIS PROPERTY

Michelle HanProminent Properties Sotheby's International RealtyMore Info
201-704-8831

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Michelle HanProminent Properties Sotheby's International RealtyMore Info
201-704-8831

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