507 Franklin Ave Nutley, NJ 07110-1719

This exceptional 3,784 square foot retail property, located at 507 Franklin Avenue in Nutley, New Jersey, presents a unique investment opportunity. The former restaurant boasts 128 indoor seats, a mix of table and bar seating, and existing outdoor dining. Pending approvals are in place to expand outdoor seating by an additional 52 seats. The sale includes a valuable Broad C Liquor License. Situated on a 0.179-acre lot, the property benefits from convenient access to a dedicated rear parking lot with 12 spaces, plus adjacent public parking and ample street parking. Built in 1964, this single-story building is zoned B-3, offering significant potential. A key advantage for developers is the possibility of adding four apartments above the existing space without requiring a variance. This prime location in Essex County, zip code 07110, offers high visibility and strong potential for various retail uses. The property's existing infrastructure and zoning provide a solid foundation for a successful venture. Serious inquiries are encouraged to explore this promising investment.