992 Clifton Ave, Clifton City, NJ 07013
sale
$1,750,000
|
Other
Courtesy Of SERHANT New Jersey LLC
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.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Building Units: 2
- Cooling System: Central Air
- Exterior Type: Brick
- Exterior Type: Block
- Floor Covering: Vinyl
- Floor Covering: Linoleum
- Floors: 2
- Heating System: Forced Air
- MLSID: 4012209
- Parking Spaces: 7
- Roof Type: Flat
- Rooms: Basement
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