16 North Ave Cranford, NJ 07016

This exceptional mixed-use building, located at 16 North Avenue in the desirable town of Cranford, New Jersey, presents a unique investment opportunity. Built in 1912, this historically designated three-story property boasts a prime location directly across from the Cranford Train Station and surrounded by thriving restaurants and retail establishments. The first floor currently houses a barber 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 first-floor business. The property sits on a 1,559.448 square foot lot. An adjacent parking lot containing 21 spaces may be available for purchase at an additional cost, significantly enhancing the property's value and appeal. This property is ideal for an investor seeking a blend of commercial and residential income, situated in a vibrant and convenient location. The zip code is 07016, and the property is in Union County. The asking price for this remarkable opportunity is $1,350,000.