SQUARE FEET4,627
MLS#4044830
STATUS
PROPERTY TYPECommercial - Office
Property Description
Fully leased 4,627 SF office building on a 65x162 lot on Franklin Ave near Rt 3. 15 offices currently rented as 9 office suites generating $145,423 in gross annual rent; NOI approximately $85,441.56 (roughly a 8.5% cap rate at asking). On-site parking for at least nine cars. B-1 zoning. Close to downtown Nutley, Route 3, Route 21, GSP, and NJ Transit rail. Financials available upon request.
Property Features
Property Type: Commercial - Office
Basement: Finished-Partially, Full, Slab, Storage
Basement: Yes
Cooling: Central Air
Fuel Type: Gas-Natural
Heating: Forced Hot Air
Lot Size: 0.24 Acres
Roof Type: Asphalt Shingle
Stories: 2.0
Taxes: $29,000
Year Built: 1800
Feature Descriptions
Days on Site: 1
Equipment Available: Fire Alarm, Kitchen Area, Restrooms - Private, Smoke Detector, Storage Area(s)
Exterior: Aluminum, Vinyl
Location: Business District, Freestanding
Lot Dimensions: 0.24 acre(s)
Max Door height: 7
Parking: Blacktop, Driveway-Exclusive, Off-Street Parking, Parking Lot-Exclusive
Sewer: Public Sewer
Units: 15
Utilities: Electric, Gas-Natural
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: CORCORAN SAWYER SMITH
Agency Contact: 201-610-1010
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
661 Franklin Ave | MLS# 4044830
This commercial property located at 661 Franklin Ave, Nutley, NJ 07110 is currently listed for sale with an asking price of $999,000. Search Nutley real estate on www.realtymarkllc.com today.