402 Broad Ave - Storefront Retail/Residential FOR SALE


Palisades Park, NJ 07650
$3,200,888 USD
646-280-7136
402 Broad Ave, Palisades Park, NJ for Sale
$3,200,888 USD
Storefront Retail/Residential - FOR SALE
1/6
null | Request Cap Rate

402 Broad Ave
Palisades Park, NJ 07650


OVERVIEW

Mixed-Use Building + Established Business & NJ Type 44 Liquor License — Prime Central Business District An exceptional, turnkey opportunity to acquire both the real estate and the long standing business known as Banner Deli & Liquors, including its New Jersey Type 44 liquor license. The sale package includes: (1) ground-floor commercial space and (2) one-bed/one-bath apartments above an attractive mixed use layout that blends steady rental income with a proven street level retail performer. Positioned in the heart of the central business district, the property enjoys high visibility and constant foot/vehicle traffic, a loyal customer base, and excellent brand recognition. This is ideal for an owner operator seeking immediate cash flow or an investor looking for a stabilized mixed-use asset with operational upside. Financials available upon request with NDA. Showings by appointment only. Please do not disturb employees.

FOR SALE DETAILS

PRICE

$3,200,888 USD

PRICE/SF

$915 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,500 SF

ZONING

4A

APN/PARCEL ID

45-00223-0000-00001

ASK ABOUT THIS PROPERTY

Christian Di StasioProminent Properties CommercialMore Info
646-280-7136

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Christian Di StasioProminent Properties CommercialMore Info
646-280-7136

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