491 Bloomfield Ave Local commercial 1 329 m² 94 % Loué À vendre Caldwell, NJ 07006 2 124 672 € (1 599,29 €/m²) Taux de capitalisation 6,45 %

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the investment property located at 485-491 Bloomfield Ave, New Jersey (“the Property”). The Property consists of two adjacent commercial buildings containing a total of eight (8) units within 14,300 square feet on a combined 0.53-acres of land. The Property is 93.71% leased to a complimentary mix of tenants and has one vacant 900 square foot unit, offering upside via lease up. includes on-site parking at the rear of the Property. The current rents are below market offering significant upside by achieving market rates upon lease renewal or re-tenanting. The Property is well located along Bloomfield Avenue (NJ Route 506), the area’s primary commercial and commuter corridor. Positioned in the center of Caldwell, the Property is surrounded by schools, municipal offices, and local and national retailers that drive traffic to the area. Additionally, Bloomfield Avenue is flanked by densely populated residential neighborhoods providing a captive customer base for the Property’s tenants. The Property is located along the municipal bus line and offers convenient access to US Highway 46, Interstates 80 and 280 and the Walnut Street Train Station with service to Manhattan’s Penn Station. Located in Essex County, Caldwell is an affluent suburb of Manhattan and is positioned 22 miles west of the city.