17 Maolis Ave

Description

Attention savvy investors and owner-occupiers: welcome to 17 Maolis Avenue, a premier cash-flowing asset nestled on a prime corner lot right by the scenic Watsessing Park. This building offers an incredibly stable and diversified rental income stream with a total tenancy of 4 units, consisting of 3 residential apartments plus the anchor 1st-floor restaurant, deli, or bar space. The commercial storefront is currently vacant and primed to maximize your returns, featuring brand-new exhaust hoods and essential kitchen miscellaneous setups ready for immediate build-out. For added income, the property also includes a rented-out detached garage. Tenants will love the park-adjacent lifestyle, excellent neighborhood visibility, and quick access to local transit. With separate utilities and multiple revenue streams in a highly desirable Bloomfield market, this turnkey asset is a portfolio crown jewel. Inquire today before it's gone!

Property details

Type

Restaurant/Bar

Lot size

0.08 acres

Lot dimensions

35 X 101

Building size

7,777 sqft

Year built

1915

Garage

2 car

Available area

7,777 sqft

Office area

7,777 sqft

Price per sqft

$777

Units

4

Offered

For Sale

Zoning

Commercial

Possession

TBD

MLS #

4045462