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49 Franklin St 3,300 SF 100% Leased Retail Building Belleville, NJ 07109 $1,375,000 ($416.67/SF)

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INVESTMENT HIGHLIGHTS

  • Mixed-Use Income Generator
  • High-Traffic, Corner Location
  • Turnkey Business Included

EXECUTIVE SUMMARY

Introducing a rare and unique mixed-use building, perfectly situated in a high-traffic area! This property offers a professional kitchen on the first level, complete with industrial equipment, 2 delivery vans and ample dry, refrigerated, and frozen storage space making it the ideal location for any commercial quantity food preparation, culinary enthusiast, or professional chef. This sale includes a food preparation business servicing 55 supermarkets throughout New York and New Jersey with an opportunity to grow the business exponentially. Great ghost kitchen option for offsite caterers, food truck operators or mass produced, pre-package cuisine for additional revenue.
The second and third levels feature two spacious, thoughtfully designed apartments, one with 2 bedrooms and 1 bath and one with 3 bedrooms and 1 bath that are income generating. Each apartment has its own private entrance, providing the perfect living space for those seeking open and comfortable main street living. The apartments boast an abundance of natural light with hardwood floors and durable finishes.
In addition to the fantastic living and commercial spaces, this property also comes with a private parking lot, offering tenants and guests the ultimate convenience and peace of mind. With its prime location in a bustling area, this mixed-use building is perfect for those looking to start or expand their business while simultaneously generating income.
Don't miss out on this once-in-a-lifetime opportunity to own a successful business as well as a piece of prime real estate.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
3,300 SF
Year Built
1932
Price
$1,375,000
Price Per SF
$416.67
Percent Leased
100%
Building Height
3 Stories
Building FAR
1.04
Lot Size
0.07 AC
Parking
9 Spaces (2.73 Spaces per 1,000 SF Leased)
Frontage
26’ on Franklin St

AMENITIES

  • Restaurant
  • Signage
Walk Score®
Very Walkable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Valley National Bank
Rent-A-Center
Wells Fargo
Chase Bank
Santander
Stop & Shop
PNC Bank
The Habit Burger Grill
Starbucks
Key Food

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01-02002-0000-00017
Land Assessment
$110,300
Improvements Assessment
$197,400
Total Assessment
$307,700
  • Listing ID: 27927939

  • Date on Market: 3/8/2023

  • Last Updated:

  • Address: 49 Franklin St, Belleville, NJ 07109

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