196 Franklin Avenue, Nutley, NJ

$2,999,900

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About 196 Franklin Avenue

Entrepreneur's dream! Once you purchase this property, you are instantly a business owner, a building owner, a commercial landlord and a residential landlord. This well built, no expense spared all brick building in the heart of downtown Nutley includes a long-standing successful pizzeria that is fully functioning and operational, a second store front (currently rented) in addition to 4 oversized residential apartments. There are two 2 bedroom apartments and two 1 bedroom apartments (one 1 bedroom apartment is handicapped accessible) Each luxury apartment has hardwood floors, open concept LR/DR/Kitchen with granite, in-unit laundry and parking, which makes for an amazing rental income opportunity. All of this sits on top of the 4000 sq.ft. basement with endless possibilities. Don't let this one get away!

Features of 196 Franklin Avenue

MLS® # 21037692
Price $2,999,900
Type Commercial Sale/Lease
Style OTHER
Status ACTIVE

Community Information

Address 196 Franklin Avenue
City Nutley
County ESSEX
State NJ
Zip Code 07110

Amenities

Utilities SEP ELEC, SEP GAS, SEP HEAT, SEP WATER
Is Waterfront Yes
Waterfront NONE

Interior

Heating GAS, HOT AIR, O/SEE REMK, CENT AIR

Additional Information

Date Listed September 16th, 2021
Foreclosure No
RE / Bank Owned No

Listing Details

OfficeUnited Real Estate

Listing Map

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