321 Broadway - Freestanding FOR SALE


Hillsdale, NJ 07642
$5,700,000 USD
201-362-6003
321 Broadway, Hillsdale, NJ for Sale
$5,700,000 USD
Freestanding - FOR SALE
1/31
null | 5% Cap Rate

321 Broadway
Hillsdale, NJ 07642


HIGHLIGHTS

  • High-visibility location along Broadway with strong daily traffic counts
  • Flexible layout options to accommodate a variety of commercial tenants
  • Strong neighborhood demographics in a well-established Bergen County market
  • Ample on-site and nearby parking options

OVERVIEW

"Prime Investment Opportunity in Affluent Hillsdale – 35,000 SF Lot with 13,000 SF Commercial Building & 45 cars parking area" Please don't miss this exceptional income-producing commercial property located in the highly desirable and affluent Hillsdale market of Bergen County. The property sits on an expansive approximately 35,000 square foot lot and is improved with a ±13,000 square foot multi-tenant retail building & 45 cars parking area. The building consists of 9 total units and is currently approximately 90% occupied, providing strong in-place income and stable tenancy. Established tenants include a nail salon, Japanese restaurant, bagel shop, deli, Chinese restaurant, halal restaurant, and Mediterranean restaurant — all operating successfully and serving the surrounding upper-middle-income residential community. Hillsdale is known for its strong demographics, quality school system, and steady consumer base, making this a highly attractive retail corridor with consistent foot traffic and repeat clientele. The generous lot offers ample on-site parking and potential future upside (subject to municipal approvals). Excellent visibility and convenient access to major roadways further enhance the property’s long-term value. A rare opportunity to acquire a high-occupancy retail asset in one of Bergen County’s sought-after commercial markets.

FOR SALE DETAILS

PRICE

$5,700,000 USD

PRICE/SF

$420 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Restaurant, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

C

APN/PARCEL ID

27-01001-0000-00001

ASK ABOUT THIS PROPERTY

Derek ParkC Land RealtyMore Info
201-362-6003

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Derek ParkC Land RealtyMore Info
201-362-6003

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