238 Broadway, Elmwood Park, NJ 07407

This commercial property, located at 238 Broadway in Elmwood Park, New Jersey, presents a significant opportunity for investment or owner-user purposes. Situated on a substantial lot measuring 0.29 acres, the site offers ample space for various commercial endeavors. The property is being offered at a price of $5,495,000, reflecting its strategic location and potential for development or expansion within the Elmwood Park business landscape.

The zoning for this property is not specified in the provided details, which may be a crucial factor for potential buyers to investigate further based on their intended use. The property's classification as "Investment or Owner User" indicates its versatility, catering to both those seeking rental income and businesses looking for a dedicated operational base. The absence of specific building details such as year built, building class, or height suggests that prospective purchasers should conduct thorough due diligence regarding the existing structures or the potential for new construction.

Parking information is listed as available, though specific details regarding the type or capacity are not detailed. This aspect is often critical for commercial operations, and further inquiry would be necessary to ascertain its suitability for intended business needs. The property's frontage is also not detailed, which could be a significant factor for visibility and accessibility depending on the nature of the commercial activity planned.

The total land area of 0.29 acres provides a considerable footprint for a commercial property in this region. This land size could accommodate a variety of building configurations or outdoor operational needs. The property is presented as a prime commercial asset, and its location in Elmwood Park, NJ, positions it within a dynamic economic environment. Further investigation into local market conditions and potential cap rates would be beneficial for investors considering this property.