114-116 Anderson St
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114-116 Anderson St
7,150 SF 45% Leased Retail Building Hackensack, NJ 07601 For Sale
Investment Highlights
- Located on prime location adjacent to the heart of revitalized downtown
- High traffic volume and visibility
- 3,920sf open space is suitable for all kinds of business
- 6 onsite parking
Executive Summary
A corner lot in prime location with high traffic exposure in downtown Hackensack which is being revitalized by a lot of activities and this property is a center of the positive activities. There are two buildings which are a 4,000 sf used to be a dance studio and the other that has been leased for a restaurants and a barber shop with onsite parking in the middle. The building is situated at nearby the center of the new development area with approximately 18 residential buildings being completed, rising and upcoming creating about 3,000 residential units. The property is conveniently located right next to the train station and nearby courthouse, county administration offices, colleges and hospitals being easily accessible to major highways (Rt.4, 17 & I-80). Rehabilitation project is moving fast in downtown Hackensack. New buildings are rising and old locations are redeveloping. This is superb opportunity with even greater potentials.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,150 SF
Building Class
C
Year Built
1986
Percent Leased
45%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.78
Lot Size
0.21 AC
Opportunity Zone
Yes
Zoning
R-3B
Parking
20 Spaces (3.17 Spaces per 1,000 SF Leased)
Frontage
63 FT on Anderson St
Space Availability
- Space
- Size
- Space Use
- Position
- Available
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,920 SF | Retail | - | Now |
1st Floor
| Size |
| 3,920 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
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1st Floor
| Size | 3,920 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Walk Score ®
Very Walkable (89)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 23-00420-0000-00015 | Improvements Assessment | $650,000 |
| Land Assessment | $600,000 | Total Assessment | $1,250,000 |
PROPERTY TAXES
Parcel Number
23-00420-0000-00015
Land Assessment
$600,000
Improvements Assessment
$650,000
Total Assessment
$1,250,000
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114-116 Anderson St
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