1149 Main Ave - Storefront Retail/Office FOR SALE


Clifton, NJ 07011
$825,000 USD
973-941-6542
1149 Main Ave, Clifton, NJ for Sale
$825,000 USD
Storefront Retail/Office - FOR SALE
1/3
null | 5.09% Cap Rate

1149 Main Ave
Clifton, NJ 07011


OVERVIEW

Newly renovated and centrally located at the highly visible four-corner intersection of Clifton Ave and Main Ave, this commercial building is a gem in the heart of Downtown Clifton. The ground level currently houses an established nail salon, featuring a spacious service room, a private room, a utility room, a half bath, and convenient access to the basement. The just-renovated second level is vacant and offers flexible leasing options. It can be divided for multiple tenants or leased by a single tenant, featuring four brand-new office rooms, brand new full bath, and an additional brand new half bath. The entire interior has been upgraded including new lighting, flooring, HVAC system, and more, ensuring a modern and comfortable environment. Each level has separate utilities, providing ease for multiple tenants. Free municipal parking is available directly across the street, and a bus stop is conveniently located right outside the building. Surrounded by shops, restaurants, and businesses, this property offers unmatched accessibility and visibility. A MUST SEE for anyone looking to establish or expand their business in a thriving location or simply own as an investment property. Ground Floor Nail Salon tenant approx. 1,300 SF and basement, has 5 year rental agreement: First year as of Oct 1, 2023 rent $2,700, then 5% increase and any increase in common area expenses each year.

FOR SALE DETAILS

PRICE

$825,000 USD

PRICE/SF

$344 USD /SF

CAP RATE

5.09%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1870

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,306 SF

ZONING

B-C

APN/PARCEL ID

02-00012-04-00010

ASK ABOUT THIS PROPERTY

Calvin WingoColdwell Banker Commercial RealtyMore Info
973-941-6542

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Calvin WingoColdwell Banker Commercial RealtyMore Info
973-941-6542

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.