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±12,765 SF Total Commercial Buildings on 1 AC 20 Franklin Pl

15,300 SF 100% Leased Retail Building Summit, NJ 07901 For Sale

Executive Summary

Property Consists of 4 Buildings (3 Occupied) Totaling ±12,765 SF
Building A: ±3,665 SF; Building B: ±6,130 SF (Includes ±3,920 SF Main Floor and
±2,210 SF Upstairs (Storage Only); Building C: ±1,890 SF; Building D: ±1,080 SF
Existing Tenants Include Auto Repair Shop and Other Commercial Trades
Lot Size at ±1 Acre (Block 3401, Lot 18)
Commercial Building Land Use
Zoned R5 (Single Family Use Allowed and All Existing Commercial Uses Are CO’d and
Allowed to Remain)
Rare Opportunity for Heavy Commercial Use in Downtown Area
Site Offers Unique Redevelopment Opportunity (Subject to Local Approval)

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
15,300 SF
Building Class
C
Year Built
1900
Percent Leased
100%
Building Height
1 Story
Building FAR
0.76
Lot Size
0.46 AC

Amenities

  • Signage
  • Storage Space
Walk Score ®
Walker's Paradise (90)
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

CrossFit
The YMCA
Chase Bank
Starbucks
TD Bank
Bank of America
Tito's Burritos & Wings
Peapack-Gladstone Bank
PNC Bank
Benihana

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-03401-0000-00018
Land Assessment
$239,000
Improvements Assessment
$371,000
Total Assessment
$610,000
  • Listing ID: 30148727

  • Date on Market: 11/22/2023

  • Last Updated:

  • Address: 20 Franklin Pl, Summit, NJ 07901

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