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$ 1,850,000
Est. payment | /mo
5,000 SqFt
$ 1,850,000
Est. payment | /mo
5,000 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $370
MLS Listing ID 3969677
Year Built 1970
Annual Tax Amount $23,744
Tax Year 2024
Lot Size 7,405 Sqft
Property Description
Located on a high-visibility main road in the heart of Clifton, NJ this fully renovated 5,040 sq. ft. commercial building offers exceptional potential for professional office use. Recently leased to a stable, long-term tenants. The property generates a solid Net Operating Income (NOI) with a over a 7% cap rate Situated in a highly desirable area known for attracting recession-resistant businesses, this asset promises long-term stability and minimal management concerns. With strong market fundamentals and a strategic location, this is an ideal opportunity for investors seeking consistent cash flow and dependable tenancy.
Location
State NJ
County Passaic
Zoning B-A
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling See Remarks
Equipment See Remarks
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block
Utilities Available Electric, Gas-Natural
Roof Type Flat
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by KELLER WILLIAMS REALTY