Penthouse Commercial Condo | For Sale | Rt 46, Clifton, NJ

Highlights:

• 3,098 SF of Luxury Office Space
• Prime location on Rt 46 in Northern NJ
• Ideal for office or office building use
• Built in 1985 | $150k of Renovations in 2024

Description:

Commercial Condo Penthouse For Sale. 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. Existing office furniture can be negotiated in the sale. 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.

Discover the prime location of this Northern New Jersey property, nestled in the thriving business hub of Clifton, NJ. Boasting convenient access to major highways and public transportation, the area is a magnet for commercial investment. Nearby, prominent points of interest such as Montclair State University, Willowbrook Mall, and bustling business centers add a compelling allure to the location, attracting a steady stream of professionals and potential tenants. With a strong local economy and a strategic position within the Northern NJ market, this area presents an alluring opportunity for office building investors seeking a strategic and vibrant location for their next investment.

Ample Office Power

Natural Gas