1038 Main Ave 22,673 SF 90% Leased Retail Building Clifton, NJ 07011 For Sale

An exceptional investment and development opportunity in the heart of Clifton’s thriving commercial district. Situated on bustling Main Avenue, this approximately 26,000-square-foot mixed-use property offers immediate cash flow with tremendous upside for future development.
The property features approximately 5,000 square feet of warehouse space with high ceilings, office space, and street-level retail, providing excellent flexibility for industrial, storage, showroom, or commercial use. The remainder of the first floor consists of seven fully leased retail storefronts, generating strong, stable rental income.
Included in the sale are approved plans for eight residential apartments on the upper level. Framing and rough electrical wiring have already been completed, allowing a buyer to significantly reduce development time and costs. The current approvals permit a two-story residential addition, with the potential to expand to four stories, subject to municipal approvals, by incorporating structured parking in place of the existing warehouse area.
Ideally positioned on one of Clifton’s busiest commercial corridors, this high-visibility property benefits from outstanding vehicle and pedestrian traffic, easy access to major highways, public transportation, and surrounding residential neighborhoods. Whether you’re an investor seeking immediate income, a developer looking for value-add potential, or both, this rare asset offers multiple revenue streams and exceptional long-term upside.
Offered at $12,000,000. A premier investment opportunity with existing income, approved development plans, and future expansion potential in one of Northern New Jersey’s most desirable commercial markets.