1626 Palisade Ave, Fort Lee, NJ 07024

$2,450,000

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Property Description

The mixed-use commercial property is in downtown Fort Lee: 2 retail stores, 2 offices, and 1 apartment. The surrounding area features high-rise developments, restaurants, retail shops, and schools. Well-maintained and updated, with separate HVAC, a sprinkler system, parking in front and back, and about 7. Current NOI: $91,158, but it has Significant value-add potential to increase income and pursue future development.

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Listing courtesy of Listing Agent: Woo H. Choi () from Listing Office: Alpine MC Realty LLC.

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Source: New Jersey Multiple Listing Service, Inc.
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