422 Franklin Ave - Medical FOR SALE


Nutley, NJ 07110
$920,000 USD
973-758-0600
422 Franklin Ave, Nutley, NJ for Sale
$920,000 USD
Medical - FOR SALE
1/5
null | Request Cap Rate

Jan '25


422 Franklin Ave
Nutley, NJ 07110


HIGHLIGHTS

  • ON-SITE PARKING AND PUBLIC BUS AT CURB
  • FLEXIBLE MEDICAL, OFFICE, RETAIL AND MIXED USES PERMITTED
  • HIGH TRAFFIC AREA WITH TREMENDOUDS EXPOSURE - DIRECTLY ACROSS FROM NUTLEY SHOP RITE
  • TENANTED ONE BEDROOM APARTMENT WITH PRIVATE ENTRANCE AND LARGE ATTIC STORAGE - STABLE TENANCY

OVERVIEW

PROPERTY IS LOCATED ON THE MAIN NUTLEY THOROFARE, FRANKLIN AVENUE, DIRECTLY ACROSS FROM NUTLEY SHOP RITE THIS IS A HIGH TRAFFIC AREA WITH TREMENDOUS EXPOSURE PUBLIC BUS AT DOORSTOP AND ON-SITE PARKING CURRENTLY CONFIGURED FOR MEDICAL USE, A LEASE OF THE FIRST FLOOR IS ALSO POSSIBLE LIBERAL B-3 BUSINESS ZONING - MANY MEDICAL, OFFICE, RETAIL, SERVICE, FOOD OR MIXED & RESIDENTIAL USES PERMITTED NUTLEY FAMILY DENTISTRY IS MOVING TO A NEW NUTLEY LOCATION SHOWINGS BY APPOINTMENT ONLY -PLEASE CALL EXCLUSIVE BROKER - ARCHIE SCHWARTZ COMPANY - 973-758-0600

FOR SALE DETAILS

PRICE

$920,000 USD

PRICE/SF

$460 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

PRICE REDUCTION - MOTIVATED SELLERS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,546 SF

ZONING

B-3

APN/PARCEL ID

16-04401-0000-00004

ASK ABOUT THIS PROPERTY

Walter KorolukArchie Schwartz Company, RealtorsMore Info
973-758-0600

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Walter KorolukArchie Schwartz Company, RealtorsMore Info
973-758-0600

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