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17 Maolis Ave 4,477 SF 80% Leased Retail Building Bloomfield, NJ 07003 $2,228,112 CAD ($497.68 CAD/SF) 6% Cap Rate
Investment Highlights
- Corner
- 2 blocks from Watsessing Park
- 2 blocks from corner store
- 2 blocks from Glenwood ave
Executive Summary
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!.
Data Room Click Here to Access
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$16,159
|
$3.61
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$16,159
|
$3.61
|
Financial Summary (Actual - 2026)
| Taxes (CAD) | |
|---|---|
| Annual | $16,159 |
| Annual Per SF | $3.61 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $16,159 |
| Annual Per SF | $3.61 |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
4,477 SF
Building Class
C
Year Built
1915
Price
$2,228,112 CAD
Price Per SF
$497.68 CAD
Cap Rate
6%
NOI
$133,687 CAD
Percent Leased
80%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.27
Lot Size
0.08 AC
Zoning
R-2A - Commerical r2A
Parking
4 Spaces (0.89 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Currently under renovation to install a full-size kitchen. Retail space to fit restaurant with take-out only.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,000-4,444 SF | Retail | - | Now |
1st Floor
| Size |
| 1,000-4,444 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1 of 26
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 1,000-4,444 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Currently under renovation to install a full-size kitchen. Retail space to fit restaurant with take-out only.
Moderately walkable
70/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-00213-0000-00011 | Total Assessment | $400,364 CAD |
| Land Assessment | $179,920 CAD | Annual Taxes | $16,159 CAD ($3.61 CAD/SF) |
| Improvements Assessment | $220,444 CAD | Tax Year | 2026 |
Property Taxes
Parcel Number
02-00213-0000-00011
Land Assessment
$179,920 CAD
Improvements Assessment
$220,444 CAD
Total Assessment
$400,364 CAD
Annual Taxes
$16,159 CAD ($3.61 CAD/SF)
Tax Year
2026
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
17 Maolis Ave
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