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PRICE REDUCTION - MOTIVATED SELLERS 422 Franklin Ave

2,000 SF 100% Leased Office Building Nutley, NJ 07110 £722,192 (£361/SF)

Investment Highlights

  • ON-SITE PARKING AND PUBLIC BUS AT CURB
  • HIGH TRAFFIC AREA WITH TREMENDOUDS EXPOSURE - DIRECTLY ACROSS FROM NUTLEY SHOP RITE
  • FLEXIBLE MEDICAL, OFFICE, RETAIL AND MIXED USES PERMITTED
  • TENANTED ONE BEDROOM APARTMENT WITH PRIVATE ENTRANCE AND LARGE ATTIC STORAGE - STABLE TENANCY

Executive Summary

PROPERTY IS LOCATED ON THE MAIN NUTLEY THOROFARE, FRANKLIN AVENUE, DIRECTLY ACROSS FROM NUTLEY SHOP RITE
THIS IS A HIGH TRAFFIC AREA WITH TREMENDOUS EXPOSURE
PUBLIC BUS AT DOORSTOP AND ON-SITE PARKING
CURRENTLY CONFIGURED FOR MEDICAL USE, A LEASE OF THE FIRST FLOOR IS ALSO POSSIBLE
LIBERAL B-3 BUSINESS ZONING - MANY MEDICAL, OFFICE, RETAIL, SERVICE, FOOD OR MIXED & RESIDENTIAL USES PERMITTED
NUTLEY FAMILY DENTISTRY IS MOVING TO A NEW NUTLEY LOCATION
SHOWINGS BY APPOINTMENT ONLY -PLEASE CALL EXCLUSIVE BROKER - ARCHIE SCHWARTZ COMPANY - 973-758-0600

Attachments

422 FRANKLIN AVE NUTLEY Flyer 081424
Permitted uses in B-3 Zoning District
422 Franklin - Floor Plans

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Tenants option to buy property
Property Type
Office
Property Subtype
Medical
Building Size
2,000 SF
Building Class
C
Year Built
1937
Price
£722,192
Price Per SF
£361
Percent Leased
100%
Number of Floors
2
Typical Floor Size
1,000 SF
Building FAR
0.31
Land Acres
0.15 AC
Zoning
B-3 - LIBERAL B-3 BUSINESS ZONING - MANY MEDICAL, OFFICE, RETAIL, SERVICE, FOOD OR MIXED & RESIDENTIAL USES PERMITTED

Links

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422 Franklin Ave, Nutley, NJ - Site plan Image
Walk Score ®
Very Walkable (89)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 16-04401-0000-00004 Improvements Assessment £70,178
Land Assessment £334,171 Total Assessment £404,349

PROPERTY TAXES

Parcel Number
16-04401-0000-00004
Land Assessment
£334,171
Improvements Assessment
£70,178
Total Assessment
£404,349
(973) 758-0600 x5600

  • Listing ID: 32793133

  • Date on Market: 14/08/2024

  • Last Updated:

  • Address: 422 Franklin Ave, Nutley, NJ 07110

The Office Property at 422 Franklin Ave, Nutley, NJ 07110 is currently available For Sale. Contact Archie Schwartz Company, Realtors for more information.

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422 Franklin Ave, Nutley, NJ for sale Building Photo- Image 1 of 5
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422 Franklin Ave, Nutley, NJ for sale Building Photo- Image 2 of 4
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422 Franklin Ave, Nutley, NJ for sale Site Plan- Image 3 of 4
survey_422_Franklin Ave.

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© 2024 CoStar Group

PRICE REDUCTION - MOTIVATED SELLERS | 422 Franklin Ave
(973) 758-0600 x 5600

PRICE REDUCTION - MOTIVATED SELLERS | 422 Franklin Ave

Walter Koroluk

(973) 758-0600

x5600

(973) 758-0600 x5600

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