10 S Prospect St

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the investment property located at 10 S Prospect Street in Verona, New Jersey (“the Property”). The Property consists of a three-story mixed-use building containing a total of two (2) units comprised of one (1) commercial unit and one (1) residential unit in 4,240 square feet on 0.23-acres of land. The Property is currently fully occupied and includes a useable basement with a full kitchen and conference room and on-site parking at the rear of the Property. The commercial space is occupied by the current owner and will be delivered vacant, providing an outstanding opportunity for an owner-user. The Property is well located along S Prospect Street and is adjacent to Bloomfield Avenue (NJ Route 506), the area’s primary commercial and commuter corridor. Positioned in the center of Verona, the Property sits on a tree-lined residential street and is surrounded by schools, municipal offices, and local retailers and restaurants 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 commercial tenant. The Property is steps from the municipal bus line and offers convenient access to US Highway 46, Interstates 80 and 280, the Garden State Parkway and the Walnut Street Train Station with service to Manhattan’s Penn Station. Located in Essex County, Verona is an affluent suburb of Manhattan and is positioned 20 miles west of the city.