Mixed-Use Property with Restaurant Lease

571 Bloomfield Ave Montclair, NJ 07042

Claim this Listing
For Sale
$3,500,000

Mixed-use property featuring a restaurant and six apartments.

Type:Commercial
Property size:
10,000 SF
Price / SF:
$350/SF
Added:
Mar 24, 2026
Days on Market:
109
Last Refresh:
Mar 24 at 8:10 pm

Property Features for 571 Bloomfield Ave

General Information

Standard status
Active
Size
10,000 SF
Property subtype
Commercial

Building Details

Year Built
1928

Listing office VILLAGE SQUARE REALTORS

Listing date Mar 24, 2026

Source Corcoran

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 VILLAGE SQUARE REALTORS


Investment Insights

Based on property information with market context.

This mixed-use property features a restaurant space and six apartments. The restaurant is currently operating under a 10-year lease, with two five-year options, and is in its second year. The commercial lease includes annual rent increases of 3%. The six apartments benefit from a desirable location, facilitating easy rental. The property size is 10000 square feet.

Key Highlights

  • Restaurant has a long‑term lease (10 years with two 5‑year options).
  • Commercial lease includes annual 3% rent increases.
  • Six apartments provide rental income.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Guerriero Gelato & Cakes Take-out & Catering

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Tech Support Center Florist Storage Facility Mobile Phone Store Fish Market Butcher Supermarket

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

Similar Off Market Nearby

  • Touch Bayou Catering — Montclair, NJ 07042
  • Kei Kabob — 410 bloomfield ave, montclair, nj 07042
  • SandwichPlatters.net — 45 bloomfield ave, verona, nj 07044
  • Baltimore North — 1 Lackawanna Plaza, Montclair, NJ 07042
  • Kawai Mahi Mahi Executive Catering — 18-20 Lackawanna Plaza suite 300, Montclair, NJ 07042

FAQs

What type of property is this?
Restaurant - Mixed-use property featuring a restaurant and six apartments.
Where is this restaurant located?
The property is located at 571 Bloomfield Ave Montclair, NJ.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Restaurant has a long‑term lease (10 years with two 5‑year options).; Commercial lease includes annual 3% rent increases.; Six apartments provide rental income.
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