1184 Main Ave - Freestanding FOR SALE


Clifton, NJ 07011- Middle Village
$5,500,000 USD
201-917-5884
1184 Main Ave, Clifton, NJ for Sale
$5,500,000 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

1184 Main Ave
Clifton, NJ 07011
Middle Village


HIGHLIGHTS

  • Existing income plus fully approved development: 10,464 SF multi-tenant building with a shovel-ready 8,071 SF mixed-use expansion
  • Approved plans include ground-floor medical/commercial space plus 4 residential apartments on the same 38,340 SF (0.88 AC) lot
  • 7 rentable commercial units plus two Verizon antenna leases, with diversified income across office, retail, service and banking
  • High-visibility corner artery location in prime Clifton with bank drive-through
  • Renovated two-story building with mezzanine featuring separate utilities, sprinklers and HVAC throughout
  • High-visibility corner on Main Ave with ±16,000 vehicles per day

OVERVIEW

Prime Clifton investment and redevelopment opportunity featuring a 10,464 SF freestanding, multi-tenant commercial building with fully approved plans for an additional 8,071 SF mixed-use development on the same lot. The approved project includes ground-floor commercial space with four residential apartments above. This rare offering combines existing income, long-term antenna revenue, and substantial future development upside in one strategically located asset. Originally constructed in 1928 and renovated in the 2000s, the existing two-story building with mezzanine offers a flexible multi- tenant layout with separate utilities, sprinklers, HVAC, and a bank drive-through. The property contains seven rentable commercial units, along with two Verizon antenna income streams, providing diversified revenue across office, retail, service, banking, and telecommunications uses. The fully approved development component significantly strengthens the property’s value proposition. A buyer can acquire an established income-producing asset while advancing a shovel- ready mixed-use expansion plan. The approvals provide for new ground-floor commercial space and four residential apartments above, creating a compelling combination of current cash flow and long-term appreciation potential in a prime Clifton location.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$597 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

EXISTING INCOME + FULLY APPROVED DEVELOPMENT

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Bank, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

B-C

APN/PARCEL ID

02-00011-21-00001

ASK ABOUT THIS PROPERTY

Bruce EliaKW Commercial Fort LeeMore Info
201-917-5884

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Bruce EliaKW Commercial Fort LeeMore Info
201-917-5884

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.