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316 Palisade Ave
Bogota, NJ 07603

Retail Property For Sale

Investment Highlights

  • Rare opportunity to acquire a mixed-use property commercial retail and residential on Palisades Ave in Bogota, NJ
  • The ground floor features a fully renovated retail space with a modern kitchen, plus a 1,300 sq ft garage/warehouse/storage area perfect for commercia
  • This corner property offers prime visibility, located across from Leonia Overpeck Park and near express bus service to New York

Executive Summary

Rare opportunity to acquire a mixed-use property on Palisades Ave in Bogota, NJ! This corner property offers prime visibility, located across from Leonia Overpeck Park and near express bus service to New York. The ground floor features a fully renovated retail space with a modern kitchen, plus a 1,300 sq ft garage/warehouse/storage area perfect for commercial use or additional business space. Upstairs, a spacious 3-bedroom apartment provides an ideal live-work setup. The entire property has been newly updated with a modern exterior and completely renovated interior. Zoning allows for commercial vehicle parking in the driveway, adding convenience for business operations. With a major bank across the street and high traffic from schools and park visitors, this property is an exceptional investment opportunity that blends residential and commercial potential in one prime location.

PROPERTY FACTS

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,672 SF
Year Built/Renovated
1925/2022
Price
$789,000
Price Per SF
$472
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.42
Lot Size
0.09 AC
Zoning
R2
Parking
4 Spaces (2.39 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-00040-0000-00014
Land Assessment
$140,000
Improvements Assessment
$428,200
Total Assessment
$568,200
  • Listing ID: 33111594

  • Date on Market: 9/9/2024

  • Last Updated:

  • Address: 316 Palisade Ave, Bogota, NJ 07603

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