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APPROVED Mixed-Use Development + Income Asset 1184 Main Ave 10,300 SF 57% Leased Office Building Clifton, NJ 07011 $7,436,520 CAD ($721.99 CAD/SF)



Investment Highlights
- Existing 10,299 SF Commercial Building
- Seven Rentable Commercial Units in Existing Building
- Bank Drive-Through and On-Site Parking
- Fully Approved 7,781 SF | Downstairs Medical + 4 Residential Units Development
- Shovel ready opportunity for developer
- Please view OM for any financial information
Executive Summary
Prime Clifton investment and development opportunity featuring an existing 10,299 SF, three-story, multi-tenant commercial building on a 19,619 SF lot. The property includes seven rentable commercial units, a bank drive-through, separate utilities, sprinklers, HVAC and two long-term Verizon antenna income streams.
The offering also includes fully approved plans for a separate 7,781 SF mixed-use building consisting of a ground-floor medical office, four residential apartments and basement storage/service space. This opportunity combines in-place income, leasing upside and shovel-ready development potential within one strategically located property
The offering also includes fully approved plans for a separate 7,781 SF mixed-use building consisting of a ground-floor medical office, four residential apartments and basement storage/service space. This opportunity combines in-place income, leasing upside and shovel-ready development potential within one strategically located property
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Building Size
10,300 SF
Building Class
B
Year Built/Renovated
1928/2005
Price
$7,436,520 CAD
Price Per SF
$721.99 CAD
Percent Leased
57%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
3,433 SF
Slab To Slab
10’
Building FAR
0.27
Lot Size
0.88 AC
Zoning
B-C - Commercial mixed-use property with an existing income-producing building and approvals for medical office plus four apartments.
Parking
42 Spaces (4.08 Spaces per 1,000 SF Leased)
Amenities
- Banking
- Wheelchair Accessible
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- 1st Floor
- 4,746 SF
- Office
- Full Build-Out
- Now
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 4,746 SF | Office | Full Build-Out | Now |
| 3rd Fl-Ste 200 | 924 SF | Office | Full Build-Out | Now |
| 3rd Fl-Ste 201 | 590 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 4,746 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 200
| Size |
| 924 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
3rd Fl-Ste 201
| Size |
| 590 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3rd Fl-Ste 200
| Size | 924 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3rd Fl-Ste 201
| Size | 590 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
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Exceptionally walkable
90/100
Moderately drivable
60/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 02-00011-21-00001 | Improvements Assessment | $386,982 CAD |
| Land Assessment | $836,290 CAD | Total Assessment | $1,223,272 CAD |
Property Taxes
Parcel Number
02-00011-21-00001
Land Assessment
$836,290 CAD
Improvements Assessment
$386,982 CAD
Total Assessment
$1,223,272 CAD
1 of 14
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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APPROVED Mixed-Use Development + Income Asset | 1184 Main Ave
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