171-173 Franklin Ave Nutley, NJ 07110
Mixed-use property with warehouse, storefront, and apartments in Nutley, NJ.
Source: Century 21 The Crossing-Midland Park
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Mixed-Use Income Property For Sale
This mixed-use income property is located in the Franklin Avenue corridor of Nutley. The property is fully leased and income-producing, generating a gross annual income of $122,760 and a net operating income of $81,628. The property features a 4,600 square foot warehouse with a 1,000 square foot office, a retail storefront with high visibility, and three residential units. A private driveway provides access to the warehouse. The location offers excellent visibility and a walkable downtown environment. The property is positioned as an investment or owner-user opportunity with a strong tenant mix and potential for future rent growth in a supply-constrained market.
Insight Report
Location Intelligence
Current Use by Public Records
Mixed-use properties
Location Insight
- Map
- Local Demand
- City
- Nutley
- County
- Essex
- State
- New Jersey
- Longitude
- -74.1635324
- Latitude
- 40.8139196
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with warehouse, storefront, and apartments in Nutley, NJ.
Where is this mixed-use property located?
The property is located at 171-173 Franklin Ave Nutley, NJ.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: - Income-producing property: $122,760 gross annual income and $81,628 NOI.; - High-visibility retail storefront, 4,600 SF warehouse with 1,000 SF office, and three apartments.; - Fully leased with a strong tenant mix.