40 Clifton Ave 12,062 SF 100% Leased Office Building Lakewood, NJ 08701 For Sale 8.30% Cap Rate

Located at the high-visibility corner of Clifton Avenue and 1st Street in the heart of Downtown Lakewood, 40 Clifton Avenue presents a rare investment opportunity in one of Ocean County’s most dynamic commercial corridors. This fully occupied, mixed-use building spans approximately 12,310 square feet across three stories and a basement, offering a diversified income stream from retail, office, residential, and storage tenants. The property boasts dual frontage, ample parking, and strong pedestrian traffic, making it ideal for long-term value appreciation.
Tenants include well-known local businesses such as Suit Shoppe, Creative Kids, and Guaranteed Rate, with residential units and professional offices rounding out the occupancy. The building’s strategic location places it minutes from major highways including Route 9, I-195, and the Garden State Parkway, with nearby access to Toms River, Jackson, Brick, and Howell. This connectivity enhances its appeal for both tenants and investors seeking stability and growth in a thriving submarket.
Whether you're expanding a portfolio or seeking a 1031 exchange candidate, 40 Clifton Avenue offers a compelling blend of location, tenancy, and asset diversity.