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Downtown Hoboken Mixed Use Opportunity 500 Bloomfield St 2,580 SF 100% Leased Retail Building Hoboken, NJ 07030 $3,434,325 CAD ($1,331.13 CAD/SF)
Investment Highlights
- Prime Hoboken location near Washington Street with access to nearby retail, dining, and transit amenities
- Functional mixed use layout supports potential owner-user, live/work, or income-producing flexibility
- Corner positioning provides enhanced visibility, natural light, and strong street presence
Executive Summary
500 Bloomfield Street presents a rare opportunity to acquire a corner mixed-use asset in one of the most supply-constrained submarkets in the Hoboken.
Positioned just one block off Washington Street, the property benefits from immediate access to Hoboken’s primary retail, dining, and pedestrian corridor while maintaining a quieter neighborhood setting.
This ±2,580 SF building consists of:
- Ground Floor: Fully built-out doctor’s office (ideal for continued medical/professional use) with reception area and waiting room, 3 exam rooms, one office, one lab and one employee break room.
- Second Floor: Residential apartment contains 2 bedrooms and 1 bathroom.
- Corner Lot Exposure: Excellent natural light and visibility
- Located within the R-1 zoning district, the asset offers a compelling blend of in-place utility + long-term repositioning optionality, subject to approvals.
- Could be re-developed into first floor apartments.
Investment Highlights
- Corner positioning - Enhanced light, air, and visibility (premium in Hoboken)
- Functional mixed-use layout - Live/work or income-producing configuration
- Proximity to Washington Street - Retail adjacency without direct congestion
- Barrier-to-entry market - Limited new supply in low-density zones
- Strong residential demand - Consistent rental upside for second-floor unit
Positioned just one block off Washington Street, the property benefits from immediate access to Hoboken’s primary retail, dining, and pedestrian corridor while maintaining a quieter neighborhood setting.
This ±2,580 SF building consists of:
- Ground Floor: Fully built-out doctor’s office (ideal for continued medical/professional use) with reception area and waiting room, 3 exam rooms, one office, one lab and one employee break room.
- Second Floor: Residential apartment contains 2 bedrooms and 1 bathroom.
- Corner Lot Exposure: Excellent natural light and visibility
- Located within the R-1 zoning district, the asset offers a compelling blend of in-place utility + long-term repositioning optionality, subject to approvals.
- Could be re-developed into first floor apartments.
Investment Highlights
- Corner positioning - Enhanced light, air, and visibility (premium in Hoboken)
- Functional mixed-use layout - Live/work or income-producing configuration
- Proximity to Washington Street - Retail adjacency without direct congestion
- Barrier-to-entry market - Limited new supply in low-density zones
- Strong residential demand - Consistent rental upside for second-floor unit
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,580 SF
Building Class
C
Year Built
1961
Price
$3,434,325 CAD
Price Per SF
$1,331.13 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.24
Lot Size
0.03 AC
Zoning
R-1, Hoboken City. - Residence District (Conservation). Iow-density residential classification intended to preserve the historic scale and neighborhood.
Frontage
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 05-00192-0000-00042 | Improvements Assessment | $235,457 CAD (2025) |
| Land Assessment | $476,135 CAD (2025) | Total Assessment | $711,592 CAD (2025) |
Property Taxes
Parcel Number
05-00192-0000-00042
Land Assessment
$476,135 CAD (2025)
Improvements Assessment
$235,457 CAD (2025)
Total Assessment
$711,592 CAD (2025)
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Downtown Hoboken Mixed Use Opportunity | 500 Bloomfield St
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