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442 Main St 4,500 SF 56% Leased Retail Building Fort Lee, NJ 07024 $2,500,000 ($555.56/SF)
Investment Highlights
- Great opportunity for owner user for the 2nd floor Well maintained building
- Off-street parking
- 2 retail store + 7 office unit Well maintained building
Executive Summary
Great opportunity for owner user for the 2nd floor for the professional use ( after school, doctor, attorney office, and others ) Good location on Main st, Fort Lee. 2 Retail unit on 1st floor and 7 office space on 2nd floor. Full basement( utility room and storage ) . Monthly rental income : $ 8,500. Ample offsite & street parking
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,500 SF
Building Class
C
Year Built
1970
Price
$2,500,000
Price Per SF
$555.56
Percent Leased
56%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.86
Lot Size
0.12 AC
Zoning
C2
Parking
8 Spaces (1.78 Spaces per 1,000 SF Leased)
Frontage
42’ on Main St
Exceptionally walkable
100/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 19-04056-0000-00005 | Improvements Assessment | $466,200 |
| Land Assessment | $500,000 | Total Assessment | $966,200 |
Property Taxes
Parcel Number
19-04056-0000-00005
Land Assessment
$500,000
Improvements Assessment
$466,200
Total Assessment
$966,200
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442 Main St
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