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914 Clifton Ave - 4,494 SF Building | 11,252 SF Corner Lot

2,996 SF Health Care Building Offered at $1,748,888 at a 8.22% Cap Rate in Clifton, NJ 07013

Investment Highlights

  • Lot Size is 11,252 Sq Ft | Building is Expandable
  • 18 Parking Spaces Total | Drive Through Retail Location
  • Elevator to Three (x3) Levels
  • Interior Sq Ft is 4,500 SF on three floors of 1,500 SF Each
  • Flat Roof Replaced in 2022
  • Medical Suites with Restrooms

Executive Summary

The Elia Realty Group & Realty 3 Group, powered by KW Commercial is proud to present an exciting new opportunity to own this wonderfully kept and maintained medical building, boosting two medical offices and a centralized finished basement area with storage and rest rooms in the heart of lovely Clifton, NJ.
Property has a drive-through component that is untapped potential on site. Expansion plans were originally drawn out and can be shared. Nothing approved, however, concepts were prepared that appear to meet municipal ordinance's based on parking ratios.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,748,888
Price Per Bed $87,444
Sale Type Investment or Owner User
Cap Rate 8.22%
Property Type Health Care
Property Subtype
Rehabilitation Center
  • Healthcare Assisted Living
  • Healthcare Continuing Care Retirement Community
  • Healthcare Skilled Nursing Facility
Building Class B
Lot Size 0.27 AC
Building Size 2,996 SF
No. Beds 20
No. Stories 2
Year Built/Renovated 1900/2015
Parking Ratio 5.01/1,000 SF

Amenities

  • Wheelchair Accessible
  • Fiber Optic Internet
  • Smoke Detector
Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-00041-02-00003
Land Assessment
$225,000 (2024)
Improvements Assessment
$236,900 (2024)
Total Assessment
$461,900 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023

zoning

Zoning Code B-A
B-A
  • Listing ID: 33616711

  • Date on Market: 10/23/2024

  • Last Updated:

  • Address: 914 Clifton Ave, Clifton, NJ 07013

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