197 Route 17
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197 Route 17
3,648 SF Retail Building Paramus, NJ 07652 $2,950,000 ($809/SF)
Investment Highlights
- Route 17 South frontage
- Full basement and 2 car garage for storage
- .90 acres
Executive Summary
First time offered: Prime standalone retail property in one of the best retail corridors on the east coast: Route 17 Paramus. Over 100,000 vehicles per day pass this location. Approx 3,648 SF with approx 15 parking spots and room in the back lot to pave much more parking or to allow for building expansion. 2 car garage in rear and full basement for storage are a plus. Don't miss this opportunity to own a standalone retail building on Route 17 on .90 acres of property. DO NOT GO DIRECT. USE DISCRETION WITH OPERATING TENANT.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,648 SF
Building Class
C
Year Built
1952
Price
$2,950,000
Price Per SF
$809
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Land Acres
0.90 AC
Zoning
HCC2 - Highway Commercial Corridor 2
Parking
15 Spaces (4.11 Spaces per 1,000 SF Leased)
Frontage
68 FT on Rt-17
Amenities
- Bus Line
- Freeway Visibility
- Signage
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 46-02502-0000-00002 | Improvements Assessment | $726,500 |
| Land Assessment | $1,530,000 | Total Assessment | $2,256,500 |
PROPERTY TAXES
Parcel Number
46-02502-0000-00002
Land Assessment
$1,530,000
Improvements Assessment
$726,500
Total Assessment
$2,256,500
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Greg Panayoti -
NIA National Realty
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197 Route 17
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