801 Palisade Ave - Freestanding FOR SALE


Fort Lee, NJ 07024
$3,250,000 USD
201-574-5232
801 Palisade Ave, Fort Lee, NJ for Sale
$3,250,000 USD
Freestanding - FOR SALE
1/11
null | Request Cap Rate

801 Palisade Ave
Fort Lee, NJ 07024


HIGHLIGHTS

  • Great Visibility
  • Open Plan
  • Renovated
  • Heavy Traffic

OVERVIEW

Prime Retail / Commercial Building for Sale – 801 Palisade Ave, Fort Lee, NJ Excellent investment or owner-user opportunity located on highly desirable Palisade Avenue in the heart of Fort Lee’s busy commercial corridor. Surrounded by dense residential neighborhoods, restaurants, retail, and professional services, this location benefits from strong visibility and steady customer traffic. The building offers approximately 5,000 SF per floor (total approx. 10,000 SF). The second floor is currently leased to a gym, providing immediate rental income, while the first floor is owner-occupied and will be delivered vacant at closing, offering excellent flexibility for an owner-user or the opportunity to lease at market rent. The property underwent extensive renovations in 2016, including updates to the roof, plumbing, exterior walls, interior finishes, flooring, water heater, and HVAC systems, enhancing overall building condition and functionality. Both floors feature efficient square layouts with high ceilings, allowing flexible use for a variety of commercial purposes such as medical office, dental practice, showroom, education center, fitness facility, professional office, or other retail and service uses. Although there is no on-site parking, the property benefits from ample street parking and convenient access to nearby municipal parking facilities, including a public parking lot located approximately one block away. Conveniently located near Route 46, I-95, and the George Washington Bridge, providing excellent regional accessibility to Manhattan and surrounding Bergen County markets. Rare opportunity to acquire a well-maintained commercial building with existing income, immediate occupancy potential, and long-term upside in one of Fort Lee’s most active retail corridors.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$325 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Health Club

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

C-2

APN/PARCEL ID

19-00551-0000-00018

ASK ABOUT THIS PROPERTY

Alina Bora - KimHudson One RealtyMore Info
201-574-5232

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Alina Bora - KimHudson One RealtyMore Info
201-574-5232

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