59 Lincoln Ave, Fair Lawn, NJ 07410

59 Lincoln Avenue in Fair Lawn, New Jersey, represents a fully leased mixed-use investment property situated in a well-established Bergen County market. This asset combines professional office space on the first floor with two recently completed residential apartments on the second floor, creating diversified income streams. The property's B-2 zoning designation supports this mixed-use occupancy, allowing for flexibility in its operational capacity.

The first floor of the building is currently occupied by commercial tenants utilizing the professional office space. The second floor has been recently updated to include two residential apartments, contributing to the property's income diversification. This dual occupancy model benefits from the demand generated by both commercial and residential users, providing a stable investment profile. The property offers approximately 16 off-street parking spaces, enhancing convenience for tenants and supporting operational functionality.

Strategically located within Fair Lawn's business district, 59 Lincoln Avenue provides convenient access to major transportation routes including Route 208, Route 4, Interstate 80, and the Garden State Parkway. Regional NJ Transit service is also readily accessible, facilitating connectivity throughout Bergen County and the broader New York metropolitan area. This accessibility is a key factor in sustaining demand from both professional office tenants and residential renters.

The building, constructed in 2008, stands as a two-story structure with a building class of B. Its fully leased status, coupled with recent residential improvements and dedicated parking, positions this property as a stabilized investment opportunity. Investors seeking an income-producing asset in a supply-constrained Bergen County market may find value in the property's established tenancy, modern enhancements, and strategic location.

This mixed-use property, with a total area of approximately 5,000 square feet, is presented as an investment or owner-user opportunity. The property's cap rate is noted at 6.06%, reflecting its current income-generating potential. The combination of professional office space and residential units, along with ample parking and excellent regional access, contributes to its appeal as a long-term investment.