RARE: Nutley Retail, Residential & Warehouse

Located in the heart of Nutley's downtown commercial corridor along Franklin Avenue, within the B-3A Downtown Business district. Very walkable and drivable location with nearby major retailers.171–173 Franklin Avenue presents a mixed-use investment opportunity in the heart of Nutley's downtown commercial corridor. The approximately 12,500-square-foot property sits on a roughly 9,000-square-foot lot (approximately 60' x 150') and includes residential, retail, and warehouse components, totaling 5 units. The property contains three residential apartments, an approximately 2,572-square-foot retail space currently occupied by a furniture store, and an approximately 4,620-square-foot rear warehouse with substantial ceiling height, creating multiple income streams within one well-located asset. Originally built in 1940 and renovated in 2010, the two-story building is positioned along Franklin Avenue within Nutley's B-3A Downtown Business district. The combination of apartments, storefront retail, and warehouse space makes the property attractive to investors seeking a diversified mixed-use asset with existing income and future upside through improved rents, management, or repositioning, subject to existing leases and municipal requirements.