Commercial Sale/LeaseFor SaleNJCliffside Park07010555 Anderson Avenue, Cliffside Park, NJ, BERGEN, 07010

555 Anderson Avenue, Cliffside Park, NJ, BERGEN, 07010

555 Anderson Avenue, Cliffside Park, NJ, BERGEN, 07010
$1,080,000
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Basics

Description

  • Description:

    Prime Downtown Mixed-Use Investment Opportunity Located in the heart of the downtown business district, this two-level mixed-use building offers an unbeatable opportunity for the savvy investor. 1st Floor: Restaurant space approx. 1,650 sq. ft. 2nd Floor: 2-bedroom apartment approx. 1,100 sq. ft. with a private rear deck Gross Annual Income: $87,000 ($5,500 + $1,750/month) Operating Expenses: $13,263 Cap Rate: 6.8% Tenants pay all utilities including heating, gas, electric, and water. New roof replaced 3 years ago. Restaurant space can be delivered vacant upon closing. Strong income, minimal expenses, and a prime downtown location make this a perfect investment or owner-user opportunity.

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Location

Building Details

  • Heat: Central Air, Electric, Oil
  • Ownership: Corporate
  • Waterfront: None
  • Office Phone Number: 201-292-7777
  • Flood Plain: None

Amenities & Features

  • Utilities: O/See Rmks
  • Solar Y/N: No
  • POOL: No

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