265 Broad St - Office FOR SALE


Bloomfield, NJ 07003
$1,800,000 USD
201-742-6100
265 Broad St, Bloomfield, NJ for Sale
$1,800,000 USD
Office - FOR SALE
1/5
null | Request Cap Rate

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265 Broad St
Bloomfield, NJ 07003


HIGHLIGHTS

  • Roughly 5,000 SF can be delivered vacant.
  • Zoning allows for the development of residential apartments.
  • 35 on-site parking spaces and an operable elevator.

OVERVIEW

265 Broad Street presents an exceptional opportunity to acquire a cash-flowing commercial property in the thriving township of Bloomfield, New Jersey. Strategically located on a bustling main street, this asset offers both immediate returns and significant upside potential for savvy investors. There is also the opportunity for an owner user to occupy roughly 5,000 SF at the time of the sale. The property comprises a 12,000-square-foot building situated on a 21,334-square-foot lot, providing ample space for a variety of business operations. Constructed in the 1990s, the building boasts a meticulously maintained brick exterior, exuding timeless appeal while reducing maintenance costs. The property’s design and infrastructure meet modern accessibility standards, featuring a fully operational elevator, which broadens its usability for tenants and visitors alike. One of the standout attributes is the large parking lot with 35 spaces, offering a rare convenience that enhances tenant and customer satisfaction. The property’s prime main street location ensures high visibility, easy access, and strong foot and vehicular traffic—key factors in attracting and retaining tenants and customers.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$150 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

POR

APN/PARCEL ID

02-00514-0000-00003

ASK ABOUT THIS PROPERTY

Stephen CrocittoMarcus & MillichapMore Info
201-742-6100

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Stephen CrocittoMarcus & MillichapMore Info
201-742-6100

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