Property Listing No Longer Available for Sale

196 Franklin Ave, Nutley, NJ

Multi-Use for Sale - $2,999,999 - 8,751 Sq. Ft.


Property Info

CIMLS#1119730
Location
  196 Franklin Ave
  Nutley NJ 07110
UpdatedNovember 15th, 2022
TypeMulti-Use
Price$2,999,999
Building8,751 Sq. Ft.

Property Description

Entrepreneur's dream! Once you purchase this property, you are instantly a business owner, a building owner, a commercial landlord and a residential landlord. This well built, no expense spared all brick building in the heart of downtown Nutley includes a long-standing successful pizzeria that is fully functioning and operational, a second store front (currently rented) in addition to 4 oversized residential apartments. There are two 2 bedroom apartments and two 1 bedroom apartments (one 1 bedroom apartment is handicapped accessible) Each luxury apartment has hardwood floors, open concept LR/DR/Kitchen with granite, in-unit laundry and parking, which makes for an amazing rental income opportunity. All of this sits on top of the 4000 sq.ft. basement with endless possibilities. Don't let this one get away!


Financials



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