Search
Two-Story Mixed-Use Building
For Sale
Contact for pricing

171-173 Franklin Ave, Nutley, NJ 07110

Two-story mixed-use building with apartments, retail, and a rear warehouse in Nutley’s downtown B-3A district.

Property Size12,500 SF
Lot Size0.21 Acres
Price / SF$104
Days on Market10

Property Features for 171-173 Franklin Ave

General Information

Standard status Active
Size 12,500 SF
Lot size 0.21 Acres
Property subtype Mixed Use, Retail, Multifamily, Industrial
Zoning B-3A

Additional Details

Road Access Yes
Warehouse Space 4,620 SF
Multifamily Units 3

Building Details

Year Built 1940
Year Renovated 2010
Buildings 1
Stories 2
Building Size 12,500 SF
Listing Agency: KW Commercial
Listed By: Bruce Elia · License #NJ 0893523
Source: Crexi
Added: Jul 22 Changed: Jul 30 Last Checked: Jul 30 at 1:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial

Investment Insights

Based on property information with market context.

171-173 Franklin Avenue is a two-story mixed-use building built in 1940 and renovated in 2010. The approximately 12,500-square-foot property sits on an approximately 9,000-square-foot lot (about 60' x 150') and is configured as a five-unit asset with residential, retail, and warehouse components.

The property includes three residential apartments, an approximately 2,572-square-foot retail space currently occupied by a furniture store, and an approximately 4,620-square-foot rear warehouse with substantial ceiling height. Totaling multiple income streams in one location, the layout supports combining street-facing retail with rear warehouse utility and upstairs residential use.

The building is positioned along Franklin Avenue within Nutley’s B-3A Downtown Business district.

Key Highlights

  • Two‑story mixed‑use building built in 1940 and renovated in 2010
  • Approximately 12,500 SF total building area on an approximately 9,000 SF lot (about 60' x 150')
  • Five units total: three residential apartments plus retail and rear warehouse

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Nursing Home Hotel & Motel Daycare Center Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,179
Businesses Nearby

Demographics for 07110, NJ

30,149
Population
11,981
Households
2.5
Avg Household Size
41
Median Age
50%
College-Educated
94%
High-School Grad
3.4 sq mi
ZIP Area
8,867
Density / Sq Mi
$115,215
Median Household Income
$67,621
Median Earnings
$1,698
Median Rent
$489,900
Median Home Value

Market

Properties on Market for Mixed-use properties in Essex County

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story mixed-use building with apartments, retail, and a rear warehouse in Nutley’s downtown B-3A district.
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 $1,300,000.
What are key features of this property?
This property features: Two‑story mixed‑use building built in 1940 and renovated in 2010; Approximately 12,500 SF total building area on an approximately 9,000 SF lot (about 60' x 150'); Five units total: three residential apartments plus retail and rear warehouse
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message