Property Description
Prime Clifton Investment Opportunity 7%+ Cap Rate 5,040 SF Fully Renovated AssetStrategically positioned on a high-visibility main road in the heart of Clifton, NJ, this fully renovated 5,040 sq. ft. commercial building presents an exceptional opportunity for investors seeking stable, income-producing office space.The property is fully occupied by long-term, established tenants, delivering a strong and consistent Net Operating Income (NOI) with a 7%+ cap rate. Both units are professionally maintained, offering minimal management oversight and dependable cash flow from day one.Located in a highly desirable commercial corridor known for attracting recession-resistant businesses, this asset benefits from strong surrounding market fundamentals and continued demand for professional office space.An ideal turnkey investment for buyers seeking reliable income, long-term tenancy, and strategic positioning in one of Northern New Jersey's most established business communities.
Overview
Property Type
Commercial
Location
992 Clifton Ave, Clifton City, NJ 07013
Zoning
office prof
MLS ID
4012209
Listing Last Updated
Property Features & Amenities
Interior
Total Rooms
0
Flooring
Vinyl
Exterior
Stories
2
Garage Spaces
7.0
Water Source
Public
Utilites
Natural Gas Available
Heat Type
Forced Air, Natural Gas
Air Conditioning
Central Air
Sewer
Public Sewer
Security Features
Smoke Detector(s)
Details
Total Area
5,040 Sq.Ft.
Financial
Price
$1,750,000
Real Estate Tax
$24,516/yr
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