97 Orange St - Auto Dealership FOR SALE


Bloomfield, NJ 07003
$1,299,000 USD
877-996-5728
97 Orange St, Bloomfield, NJ for Sale
$1,299,000 USD
Auto Dealership - FOR SALE
1/16
null | Request Cap Rate

NEW


97 Orange St
Bloomfield, NJ 07003


HIGHLIGHTS

  • Ideally located next to Home Dep
  • Currently Auto Dealership
  • Great Development Potential
  • Excellent For Contractor.

OVERVIEW

"'Used Car Dealership & Redevelopment Opportunity "CBD Zoned Mixed-Use Property." Bloomfield, NJ 1,264 SF Building, 0.19 Acres, Remodeled 2022. The difficulty in obtaining a used car license makes the existing one especially valuable. New Pylon Sign & Heating. All Equipment & Furniture Included. Next to Home Depot. Opportunity Zone. Pre-approved for Retail Cannabis Unbeatable investment in the heart of Bloomfield's Central Business District. Currently a successful used car dealership, This site offers strong income potential or major redevelopment upside. Located directly next to one of NJ's busiest Home Depots, the traffic is nonstop " perfect for retail, food or contractor-based business. Zoned CBD mixed-use and in an Opportunity Zone, You can build up to 5 stories with commercial/residential use. Highlights: 1,264 SF building on approx. 8,276 SF lot (0.19 acres), parking for 40 cars, remodeled in 2022 with new led pylon sign and new heating. Includes all equipment: 2 lifts, tire machines, air compressor, furniture, 2 offices (1 with private bathroom). Fully approved for auto sales by NJ and Bloomfield. Ideal for coffee shop, contractor showroom, kitchen/fence/appliance business or mixed-use development. Sky's the limit."

FOR SALE DETAILS

PRICE

$1,299,000 USD

PRICE/SF

$1,028 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

ADD'L SUBTYPES

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1936

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

CBD

APN/PARCEL ID

02-00105-0000-00011

ASK ABOUT THIS PROPERTY

Derek EisenbergContinental Real Estate Group, Inc.More Info
877-996-5728

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Derek EisenbergContinental Real Estate Group, Inc.More Info
877-996-5728

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