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Hard Corner Bank Redevelopment Opportunity 1260 Broad St

9,000 SF Office Building Bloomfield, NJ 07003 $3,500,000 ($389/SF)

Office Space New Jersey Bloomfield 1260 Broad St, Bloomfield, NJ 07003

Investment Highlights

  • Strategically Located on a Hard Corner Lot With Excellent Visibility Making it an Ideal Long Term Investment Opportunity
  • Bloomfield, NJ is Very Wealthy City With an Average Household Income Exceeding $199,000 in a 1-Mile Radius
  • Bloomfield, NJ is a Vibrant and Dynamic Community Known For Its Thriving Retail, Dining, and Entertainment Scene
  • Residentially Dense Neighborhood: Over 206,607 People in a 3-Mile Radius and Over 80,066 Households in a 3-Mile Radius
  • Ideal For Another Financial Institution With the Previous Bank Having Over $110M in Deposits as of 2023 According to the FDIC

Executive Summary

Sands Investment Group is Pleased to Present Exclusively For Sale the 9,000 SF Bloomfield Owner-User Bank Redevelopment Opportunity Located at 1260 Broad Street Bloomfield, NJ. The Area Boasts Top-Notch Schools, Corporate Offices, and a Diverse Range of Leisure Activities. Broad Street Offers Easy Access to Major Highways and is a Hub of Economic Activity, Providing For a Unique Investment.

In Cooperation With Sands Investment Group New Jersey, LLC - Lic. #2187470 BoR: Tom Gorman Lic. NJ #2187471

Property Facts

Sale Type
Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
9,000 SF
Building Class
B
Year Built
1957
Price
$3,500,000
Price Per SF
$389
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,500 SF
Building FAR
0.23
Lot Size
0.88 AC
Zoning
B-2
Parking
20 Spaces (2.22 Spaces per 1,000 SF Leased)

Links

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Walk Score ®
Very Walkable (78)
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measures access to public transit. Bike Score®
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PROPERTY TAXES

Parcel Number 02-01171-0000-00010 Improvements Assessment $936,000
Land Assessment $1,089,000 Total Assessment $2,025,000

PROPERTY TAXES

Parcel Number
02-01171-0000-00010
Land Assessment
$1,089,000
Improvements Assessment
$936,000
Total Assessment
$2,025,000
(404) 459-6193

Contact

  • Listing ID: 32928666

  • Date on Market: 8/23/2024

  • Last Updated:

  • Address: 1260 Broad St, Bloomfield, NJ 07003

More public record information on 1260 Broad St, Bloomfield, NJ 07003

The Office Property at 1260 Broad St, Bloomfield, NJ 07003 is currently available for sale. Contact Sands Investment Group Atlanta, LLC for more information.

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Hard Corner Bank Redevelopment Opportunity | 1260 Broad St
(404) 459-6193 x

Hard Corner Bank Redevelopment Opportunity | 1260 Broad St

Ross Staples

(404) 459-6193

(404) 459-6193

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