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526 Anderson Ave 4,600 SF 100% Leased Retail Building Cliffside Park, NJ 07010 $1,490,000 ($323.91/SF)
INVESTMENT HIGHLIGHTS
- Prime Location in Cliffside Park – Situated in a thriving area with excellent visibility and foot traffic.
- Turnkey, Fully Furnished Restaurant – Ready for immediate operation with modern furnishings and state-of-the-art equipment.
- Endless Expansion Potential – Ideal for retail, events, or additional dining space on the second floor.
- Two Stories, 2,600 Sq Ft – First floor serves as a functional dining area, while the second floor is currently used for storage but can be converted i
- Fully Renovated in 2023 – Newly updated with high-quality finishes and contemporary design
- Liquor License Available – Option to purchase a liquor license separately, adding potential for a bar service.
EXECUTIVE SUMMARY
Team Michael is pleased to exclusively present 526 Anderson Ave. in Cliffside Park NJ. Located right on the Anderson Ave., this rare investment opportunity is perfect for User/Investor and Investors looking to capitalize on one of the city’s most sought-after commercial/retail streets. The property is improved with a two story, approximately 4600 +/- sqft commercial building consisting 2000 sqft on the first floor and 2600 sqft on the ground floor including outdoor dining area. Newly renovated and updated restaurant with modern finishes on the ground floor boasts fully equipped kitchen and indoor and outdoor dining area. Investment Highlights: +/- 4700 sqft Two Story commercial building consists of two retails/commercials, Over 8% Cap potential, Extremely Dense Area, Prime location in Cliffside Park, Availability of Liquor License, Restaurant is ready to open up for new user. Excellent investment opportunity! Opportunity Not to be Missed!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
4,600 SF
Building Class
B
Year Built
1950
Price
$1,490,000
Price Per SF
$323.91
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.96
Lot Size
0.11 AC
Zoning
C1 - Commercial
Walk Score®
Very Walkable (87)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 06-01603-0000-00012 | Improvements Assessment | $519,700 |
| Land Assessment | $230,000 | Total Assessment | $749,700 |
PROPERTY TAXES
Parcel Number
06-01603-0000-00012
Land Assessment
$230,000
Improvements Assessment
$519,700
Total Assessment
$749,700
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526 Anderson Ave
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