744 Bloomfield Ave

Great Investment Opportunity in Mixed-Use Building
This versatile mixed-use building is ideally located close to parks, shopping, and mass transit, providing excellent exposure for retail and convenience for residential tenants. Built partly in 1760 and expanded in 1920, this property combines historical charm with practical updates, including a brand-new roof (2023) with 50-year EDPM and 30-year architectural shingles.
Retail Space:
The ground floor features one (possibly) two retail spaces, both with a convenient half bath, perfect for small businesses. One storefront currently houses a frame shop, while the other offers flexible space for various commercial uses. Each store is separately metered for gas and electric, except for shared water service, ensuring straightforward utility management.
Residential Units:
Two residential apartments occupy the top floor:
• Unit 744: This spacious 1-bedroom, 1-bath apartment is centrally accessible and features partial exposure on two sides of the building. Heat is provided by a baseboard system, and it is separately metered for electricity. The unit shares steam radiation for heating with the rest of the building.
• Unit 746: This 2-bedroom, 1-bath apartment is situated above the frame shop and has a rear access point. The apartment is heated by steam radiation, and both bedrooms include windows for natural light. Though appliances are not new, the unit offers washer/dryer hookups, adding to tenant convenience.
Additional Features:
• Parking: A private parking lot offers two dedicated overnight spaces, with ample additional parking for daytime use, ideal for retail patrons and residents.