16 North AveCranford, NJ 07016

This exceptional mixed-use building, located at 16 North Avenue West in the heart of Cranford, New Jersey, presents a unique investment opportunity. Built in 1912, this historically designated property boasts a prime location directly across from the Cranford Train Station and surrounded by thriving restaurants and retail establishments. The building features a ground floor retail space, previously occupied by a barber shop and soon to house a bubble tea shop, offering immediate income potential. Above the retail space are two spacious apartments, providing additional rental income streams. A finished basement, accessible both internally and via a separate entrance, offers versatile space that could be utilized as office space or storage for the retail tenant. The lot size is 0.036 acres. The building is three stories and is currently listed at $1,350,000. This property offers a blend of historical charm and modern commercial viability, making it an attractive investment for discerning buyers seeking a strong foothold in a desirable New Jersey market. The property's strategic location near the train station ensures high visibility and accessibility, further enhancing its investment appeal. The existing tenant mix and potential for future development make this a compelling opportunity for both income generation and long-term appreciation. The property is zoned for commercial use.