±12,765 SF Total Commercial Buildings on 1 AC | 20 Franklin Pl
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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)
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)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 18-03401-0000-00018 | Improvements Assessment | $371,000 |
Land Assessment | $239,000 | Total Assessment | $610,000 |
PROPERTY TAXES
Parcel Number
18-03401-0000-00018
Land Assessment
$239,000
Improvements Assessment
$371,000
Total Assessment
$610,000
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±12,765 SF Total Commercial Buildings on 1 AC | 20 Franklin Pl
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