This four-story commercial building, located at 48-50 E Palisade Avenue in Englewood, New Jersey, offers a substantial presence within the Bergen County business landscape. Constructed in 1979, the property encompasses approximately 29,578 square feet of space. Its strategic position along East Palisade Avenue, a key east-west thoroughfare in downtown Englewood, provides excellent visibility and accessibility. The building is situated within the CBD-1 zoning district, supporting a variety of commercial endeavors.
The location benefits from its placement in a vibrant central business district, characterized by a high volume of daytime foot traffic. This environment is conducive to businesses seeking strong customer engagement, with numerous restaurants, retail shops, and professional services located in close proximity. The property's accessibility is further enhanced by its nearby connections to Grand Avenue and other essential local roadways, facilitating easy access for employees and clients alike.
Significant updates have been made to the property, including a full modern renovation that enhances its functionality and aesthetic appeal. This renovation ensures that the building meets contemporary commercial standards, providing a professional and inviting atmosphere for occupants and visitors. The building's four-story structure offers ample vertical space for diverse business operations.
Further enhancing the property's utility is the provision of covered parking, a valuable amenity in a busy urban setting. This feature contributes to the convenience and comfort of those utilizing the building. The building's class is designated as B, reflecting its overall condition and amenities. While specific details regarding tenancy and capitalization rate are not provided, the property's inherent characteristics and prime location present a compelling opportunity for commercial investment and operation.
Subro Equities LLC
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