557-559 BLOOMFIELD AVE, MONTCLAIR, NJ

557-559 BLOOMFIELD AVE, MONTCLAIR, NJ

6,274 SF

$3,000,000

Available

557-559 BLOOMFIELD AVE, MONTCLAIR, NJ

Property Details

Corner Mixed Use on Bloomfield Ave

Passive Investment – Long Term Tenants

2 Retail Tenants | 2 Office

Parking Directly Behind Building
To Assist w/Retail Patronage
74 Parking Spots

Strong Demographics
Dense Daytime Population

Long Term Ownership
20+ Years

Expansive Frontage on
Bloomfield Ave & Maple Place

Under Market Rents
Future Upside on All Units

2nd Floor Office Unit
Can be Delivered Vacant
For Office or Residential Conversion

Agent info

Jason Trembicki

Commercial Real Estate Broker

Asking Price

$3,000,000

Cap Rate

5.16%

Gross Income

$215,732

Net Income

$154,865

About the Neighborhood

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