This exceptional, high-visibility commercial property located at 501-517 River Drive in Garfield, New Jersey, presents a significant investment opportunity. The offering features two distinct, well-maintained buildings that are currently occupied by long-tenured, qualified tenants. The diverse tenant mix is service-driven, contributing to a stable and consistent income stream. This property represents a rare chance to acquire a turnkey, income-producing commercial asset situated in a prime Bergen County corridor, boasting strong in-place cash flow and potential for future upside.
Building One encompasses approximately 28,000 square feet and houses 14 established tenants. These businesses span various sectors, including personal care, retail, fitness/sports recreation, and restaurant uses. Notably, this building includes an impressive indoor soccer facility on the third floor, as well as a popular upscale bar and restaurant. The site is further enhanced by approximately 75 parking spaces, a valuable amenity for a multi-tenant asset of this scale, offering convenience for patrons and employees alike.
Building Two is fully occupied by a well-recognized local grocery store, which serves as a vital daily-needs anchor for the surrounding community. The property's strategic location directly across from The Venetian provides significant exposure, benefiting from robust daily traffic counts along River Drive. Its proximity to national retailers such as The Home Depot further amplifies consumer draw and contributes to the location's long-term stability. The buildings were originally constructed in 2007 by the owner.
The property offers immediate access to major transportation routes, including New Jersey Route 21, New Jersey Route 17, and U.S. Route 46, facilitating excellent regional connectivity. This asset is strategically positioned to deliver both immediate income and long-term appreciation. Investors will find a compelling combination of prime location, established tenancy, high visibility, ample parking, and resilient commercial demand, making this a noteworthy addition to a real estate portfolio.

Compass
Compass
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