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Description

Acquisition cap rate of 10% using projected rental income of $29/psf. Constructed in 1986 with all modern concepts. Current owner has done 150K+ improvements. Smart lighting can save big on bill. Central business area. Easy access to all highways. High visibility. Some office furniture can be negotiated. 3 Conference rooms, 2 Bathrooms, 5 offices, Filing room with kitchen, Tech & Printing room and Storage room. Perfect space for doctors, attorneys, accountants, title companies and other professional uses. Easy access from Highway 46 East, high visibility, over 50,000 vehicles per day. The unit is part of Notchview Office Park, 3-star office condo, Class B Office Buildings. Central business location! This is prime urban highway location, close to all highways and NYC. Newark International Airport 15 minutes away, NYC 20 minutes away Building has elevator. The unit is almost 3,100 sf, 2 1/3 units combined into one. $150k worth of upgrades.

Features

Heating System : Forced Hot Air
Cooling System : Central Air, 1 Unit
Roof Deck : Flat
Furnished : Carpeting, Laminate
Lot Description: Level Lot
Tax Assessed Valuation: 185300
Sewer: Public Sewer
Water: Public Water

Appliances

Utilities: All Underground

Additional Info

Office Name: EXP REALTY, LLC
Office MLS ID: 5028
Agent ID: 310752
Tax: 16046
Tax Year: 2023
Application Fee: $0
Zoning: Retail

Commercial For Sale

For Sale

$700,000

1035 Us Highway 46, Clifton City, *

1.98 Acre
Built Year 1986

Details

Property Type: Commercial
Listing Type: For Sale
Listing ID: 5328199
Price: $700,000
Bedrooms: 0
Bathrooms: 0
Half Bathrooms: 0
Square Footage: 0 Sqft
Year Built: 1986
Year Built Description: Approximate
Lot Area: 1.98 Acre
Status: Active
Days On Market: 0

Contact Agent

Email:

wp@applicationx.net

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Map

Address Map

Country US
County Passaic
City Clifton City
Zipcode *
Subdivision: Notchview
Street: Us Highway 46
Street Number: 1035
Street Direction: Route 23 to Rte 46 East
Building Name: 1035
Floor Number: 0
Longitude: W75° 47' 26.3''
Latitude: N40° 52' 53.6''
Internet Display Address: No