1618 Parker Ave, Fort Lee, NJ 07024

This fully leased commercial investment property, located at 1618 Parker Ave in Fort Lee, New Jersey, presents a compelling opportunity for investors. Situated in a high-demand area of Bergen County, the freestanding 3-story retail/office building boasts strong in-place tenancy and 100% occupancy, ensuring immediate income generation. The property is designed for a variety of commercial uses, with current tenants focused on medical and service-oriented businesses, contributing to its stable cash flow and long-term upside potential.

The building offers excellent street visibility on Parker Avenue, a significant advantage for attracting and retaining tenants. Its strategic location in Fort Lee provides convenient access to major transportation arteries, including Routes 4, 46, I-95, and the George Washington Bridge. This accessibility is crucial for businesses serving the dense residential neighborhoods and established retail centers in the vicinity, positioning the asset for sustained tenant demand and potential rent growth.

Constructed in 1962, this 3,500 square foot building is classified as a C-class commercial property. It features ample parking with 8 spaces, equating to 5.33 spaces per 1,000 square feet of leased area, a notable amenity for a commercial property of this nature. The zoning is C2 within the Borough of Fort Lee, and prospective buyers are advised to verify permitted uses, approvals, and specific zoning requirements directly with the municipality.

This property is an ideal acquisition for commercial real estate investors seeking a stable income-producing asset in Northern New Jersey. Its combination of a prime Fort Lee location, strong occupancy, and accessibility to key commuter routes makes it a valuable addition to a diversified investment portfolio. The mixed-use style commercial building in Bergen County is well-suited for those prioritizing reliable cash flow and the potential for future appreciation in a dynamic market.