1035 Rt 46 E - 3,098 SF | Suite 204B & 205B 3,098 SF Office Condo Unit Offered at $699,999 in Clifton, NJ 07013
INVESTMENT HIGHLIGHTS
- Top Floor Penthouse Office Suite 204B & 205B
- Elevator Building with Ample Parking
- 2 Parking Spaces Included
- 3,098 SF of Designer Office or Medical Space
- Brand New Condition | $150k of Recent Renovations in 2024
EXECUTIVE SUMMARY
Commercial Condo Penthouse For Sale with 2 Grandfathered Parking Spaces. Acquisition cap rate of 10% using projected rental income of $29PSF. This Office Building was constructed in 1986 with all modern concepts, an elevator, and ample parking, which is a rarity in Clifton. Current owner has done over $150,000 in improvements over the last year including all new ceilings, LED "smart lighting" throughout, and a gorgeous conference room surrounded by all glass. Comes Fully Furnished (can be negotiated in the sale). Originally 2.5 office units elegantly combined into 1 featuring: 3 Conference rooms, 2 Bathrooms, 5 Private of?ces, Filing room w/ Kitchen, Tech & Printing room and a Storage room. Perfect space for doctors, attorneys, accountants, title companies and many other professional uses. High visibilty and easy access from Highway 46 East, seeing over 50,000 vehicles per day. This nearly 3100SF unit is part of the Notchview Of?ce Park, 3-star Of?ce Condo, Class B. Central Business Location.
PROPERTY FACTS
AMENITIES
- Controlled Access
- Conferencing Facility
- Security System
- Kitchen
- Energy Performance Rating - A
- Reception
- Automatic Blinds
- Storage Space
- Natural Light
- Wi-Fi
- Hardwood Floors
- Air Conditioning
1 UNIT AVAILABLE
Unit 204B/205B
| Unit Size | 3,098 SF |
| Price | $699,999 |
| Price Per SF | $225.95 |
| Condo Use | Office |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 2 |
DESCRIPTION
Top floor commercial condo suites boosting a combined 3,098 SF of office space.
SALE NOTES
Commercial Condo Penthouse For Sale with 2 Grandfathered Parking Spaces. Acquisition cap rate of 10% using projected rental income of $29PSF. This Office Building was constructed in 1986 with all modern concepts, an elevator, and ample parking, which is a rarity in Clifton. Current owner has done over $150,000 in improvements over the last year including all new ceilings, LED "smart lighting" throughout, and a gorgeous conference room surrounded by all glass. Comes Fully Furnished (can be negotiated in the sale). Originally 2.5 office units elegantly combined into 1 featuring: 3 Conference rooms, 2 Bathrooms, 5 Private of?ces, Filing room w/ Kitchen, Tech & Printing room and a Storage room. Perfect space for doctors, attorneys, accountants, title companies and many other professional uses. High visibility and easy access from Highway 46 East, seeing over 50,000 vehicles per day. This nearly 3100SF unit is part of the Notchview Of?ce Park, 3-star Of?ce Condo, Class B. Central Business Location.
MAJOR TENANT INFORMATION Click Here to Access
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| HKM Investments, Inc. |
-
|
Jan 0000
|
