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402 Broad Ave 3,500 SF Retail Building Palisades Park, NJ 07650 $4,468,184 CAD ($1,276.62 CAD/SF)
EXECUTIVE SUMMARY
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.
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.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,500 SF
Building Class
C
Year Built
1950
Price
$4,468,184 CAD
Price Per SF
$1,276.62 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.08 AC
Zoning
4A - Commercial
AMENITIES
- Corner Lot
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
Walk Score®
Very Walkable (87)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 45-00223-0000-00001 | Improvements Assessment | $536,748 CAD |
| Land Assessment | $510,876 CAD | Total Assessment | $1,047,624 CAD |
PROPERTY TAXES
Parcel Number
45-00223-0000-00001
Land Assessment
$510,876 CAD
Improvements Assessment
$536,748 CAD
Total Assessment
$1,047,624 CAD
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402 Broad Ave
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