1260 Broad St - Office/Residential FOR SALE


Bloomfield, NJ 07003
$3,500,000 USD
404-459-6193
1260 Broad St, Bloomfield, NJ for Sale
$3,500,000 USD
Office/Residential - FOR SALE
1/3
null | Request Cap Rate

1260 Broad St
Bloomfield, NJ 07003


HIGHLIGHTS

  • Strategically Located on a Hard Corner Lot With Excellent Visibility Making it an Ideal Long Term Investment Opportunity
  • Residentially Dense Neighborhood: Over 206,607 People in a 3-Mile Radius and Over 80,066 Households in a 3-Mile Radius
  • Bloomfield, NJ is Very Wealthy City With an Average Household Income Exceeding $199,000 in a 1-Mile Radius
  • Ideal For Another Financial Institution With the Previous Bank Having Over $110M in Deposits as of 2023 According to the FDIC
  • Bloomfield, NJ is a Vibrant and Dynamic Community Known For Its Thriving Retail, Dining, and Entertainment Scene

OVERVIEW

Sands Investment Group is Pleased to Present Exclusively For Sale the 9,000 SF Bloomfield Owner-User Bank Redevelopment Opportunity Located at 1260 Broad Street Bloomfield, NJ. The Area Boasts Top-Notch Schools, Corporate Offices, and a Diverse Range of Leisure Activities. Broad Street Offers Easy Access to Major Highways and is a Hub of Economic Activity, Providing For a Unique Investment. In Cooperation With Sands Investment Group New Jersey, LLC - Lic. #2187470 BoR: Tom Gorman Lic. NJ #2187471

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$389 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Hard Corner Bank Redevelopment Opportunity

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

B-2

APN/PARCEL ID

02-01171-0000-00010

ASK ABOUT THIS PROPERTY

Ross StaplesSands Investment Group Atlanta, LLCMore Info
404-459-6193

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

Ross StaplesSands Investment Group Atlanta, LLCMore Info
404-459-6193

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