Stately brick multi-use building in the heart of Bloomfield's Brookside section. The first floor & basement houses a cafe, which has been completely renovated within the past few years with new appliances, included in the sale. The cafe is equipped with two lavatories, dishwashing bays, walk-in fridge/freezer, display cases, and security. There is 10 parking spaces for cafe guests and 2nd floor tenants. The 2nd floor renovated apartment has 3 bedrooms, kitchen, living room and bath. All CO/Permits are in place for 2023. (Annual Net Income $45,040, Expenses Water $560, Taxes $13,000, Heat/Electric $4000, Landscaping $2400, Vacancy Allowance $7,000) Great opportunity for investors and restaurateurs. Stats based on owner occupying cafe.
Commercial for sale, 220 Hoover Avenue, Essex, NJ, in Bloomfield, United States
220 Hoover Ave, 220 Hoover Avenue, Essex, NJ
Multi-purpose • ref: KCDHJL
MUR 39,384,331
Parking
220 Hoover Avenue, Essex, NJ, Bloomfield
Frank DiCocco
Phone number
20193...
Better Homes and Gardens Real Estate Coccia Realty
2019390001
11 Park Avenue
07070 Rutherford
Number23026169