992 Clifton Ave - Medical FOR SALE


Clifton, NJ 07013- Richfield
$1,750,000 USD
917-974-1915
992 Clifton Ave, Clifton, NJ for Sale
$1,750,000 USD
Medical - FOR SALE
1/25
null | 7.49% Cap Rate

992 Clifton Ave
Clifton, NJ 07013
Richfield


OVERVIEW

Prime Clifton Investment Opportunity | 7%+ Cap Rate | 5,040 SF Fully Renovated Asset Strategically 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.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$347 USD /SF

CAP RATE

7.49%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

B-A

APN/PARCEL ID

02-00041-13-00005

ASK ABOUT THIS PROPERTY

Ron IsonSerhant New Jersey LLCMore Info
917-974-1915

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Ron IsonSerhant New Jersey LLCMore Info
917-974-1915

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