Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1890
Sq.Footage
N/A
Prime mixed-use investment opportunity located in the heart of the Bloomfield Business District. This 2-story building offers 3 total units, including a ground-floor retail space, a 2-bedroom / 1-bath residential unit, and a second-floor office space, providing diversified income potential. The property operates at a 4.46% cap rate, with financial statements available upon request. Units on 2nd Floor are M2M and currently rented well below market value. Zoned BCR2, Redevelopment Zone, allowing for up to 8 stories, making this an excellent opportunity for investors, developers, or owner-users seeking long-term upside. Ideally situated near shopping, dining, public transportation, and major commuter routes, this property benefits from strong visibility, foot traffic, and continued demand in a growing commercial corridor. Excellent cash flow with significant redevelopment potential.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Heating YN
YES
-
Heating
Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.05
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$1,549,000
-
Tax Amount
$12,909
-
Zoning
BCR2
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Ownership
Fee Simple
-
Sewer
Public Sewer
-
Tax Lot
*
-
Water Source
Public
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Location
County
Essex
Elementary School
Middle School
High School
Listing Courtesy of None , UNITED REAL ESTATE
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