Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1939
Sq.Footage
18,000
Exceptional Turnkey 12-Unit Mixed-Use Investment Opportunity! 835-839 Sanford Ave. Meticulously maintained and proudly owned by the same family for over 40 years, this all-brick mixed-use building has been thoughtfully renovated and impeccably cared for. The property features 6 commercial storefronts and 6 residential apartments, with long-term tenants and established businesses creating a strong, diversified income stream in a prime location near the Maplewood border. Current gross income is strong, with excellent upside through rent optimization. All tenants, including the owner's unit, are on month-to-month leases, providing flexibility for investors. Additional income OPPORTUNITIES include 7 fenced rentable parking spaces, coin-operated laundry, and individual tenant storage units. The property also offers a high-ceiling, semi-finished walkout basement with front and rear access, ideal for storage or additional utility space. Capital improvements include a roof with a 5-year warranty, newer windows, new steel lintels, professionally sealed exterior brick, and sealed basement walls. The fully fenced rear yard features gated access from Sanford Place. A rare opportunity to acquire an exceptionally maintained mixed-use asset offering stable cash flow, value-add potential, and long-term appreciation in one of the area's most desirable investment corridors.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Heating YN
YES
-
Heating
Baseboard, Natural Gas, Hot Water, Radiant, Zoned
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Pool
No
Area & Lot
-
Lot Features
Corner Lot, Level, Open Lot
-
Lot Size(acres)
0.17
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$2,000,000
-
Tax Amount
$24,993
-
Zoning
mix use
-
Sq. Footage
18,000
-
Price/SqFt
$111
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
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 , ALL-CITY REALTY
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FOUNDER
Patrick Bolger
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