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1636 Palisade Ave 10,000 SF 100% Leased Retail Building Fort Lee, NJ 07024 $14,500,000 ($1,450/SF)
INVESTMENT HIGHLIGHTS
- Great future project
- Great future project
EXECUTIVE SUMMARY
"PRICE REDUCED", It's a great opportunity to purchase two commercial properties, (1626 Palisade Ave, two retail stores-two offices-one 2bed apartment,5 parking spaces and full occupied). (Shopping mall at 1636 Palisade Ave, 5 retail spaces with 50 parking spaces, full occupied) Great potential for new develop projection in the future, locates in the center of the town and next to The Modern True Luxury Complex. Price for two properties together (1636 Palisade consistency of Lot-size 25,950SF, Improvement 7,200SF) & (1626 Palisade consistency of Lot-size 4,800SF, 3 story building with 5 tenants occupied in full) Zoning Commercial, more information contact Sknjrealty LLC. 201 417 0222. sknjrealty@yahoo.com
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
10,000 SF
Building Class
C
Year Built
1979
Price
$14,500,000
Price Per SF
$1,450
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.42
Lot Size
0.55 AC
Zoning
C2 - COMMERCIAL
Parking
50 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
180’ on Palisade Ave
AMENITIES
- Air Conditioning
- Smoke Detector
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 19-04351-0000-00004 | Improvements Assessment | $445,000 |
| Land Assessment | $2,655,000 | Total Assessment | $3,100,000 |
PROPERTY TAXES
Parcel Number
19-04351-0000-00004
Land Assessment
$2,655,000
Improvements Assessment
$445,000
Total Assessment
$3,100,000
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SKNJ Realty
1636 Palisade Ave
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