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171-173 Franklin Ave Nutley, NJ 07110

For Sale
$1,950,000

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

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Nutley
County
Essex
State
New Jersey
Longitude
-74.1635324
Latitude
40.8139196

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.
More about this property
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