801 Palisade Ave, Fort Lee, NJ 07024

This prime commercial building, located at 801 Palisade Avenue in Fort Lee, New Jersey, presents a significant investment or owner-user opportunity. Situated within a bustling commercial corridor, the property benefits from high visibility and consistent customer traffic, supported by its proximity to dense residential neighborhoods, diverse dining options, retail establishments, and professional services. The building encompasses approximately 5,000 square feet per floor, totaling an estimated 10,000 square feet across two stories. This strategic location on Palisade Avenue positions it advantageously within Fort Lee's active retail environment.

The second floor of the building is currently occupied by a gym, generating immediate rental income for a new owner. The first floor is owner-occupied and will be delivered vacant upon closing. This arrangement offers substantial flexibility, allowing for an owner-user to occupy the space or for the opportunity to lease the first floor at prevailing market rates, thereby enhancing the property's income potential. The building's efficient square layouts and high ceilings on both levels are conducive to a wide range of commercial applications, including but not limited to medical or dental offices, showrooms, educational centers, fitness facilities, professional offices, and various retail or service-based businesses.

Extensive renovations were completed in 2016, significantly enhancing the building's condition and functionality. These updates included the roof, plumbing systems, exterior walls, interior finishes, flooring, water heater, and HVAC systems. These improvements contribute to the property's overall appeal and operational efficiency. The building, originally constructed in 1950, now features modern infrastructure and finishes following the comprehensive 2016 renovation project.

While on-site parking is not available, the property is well-served by ample street parking. Additionally, convenient access to nearby municipal parking facilities, including a public parking lot located approximately one block away, mitigates parking concerns for tenants and customers. The building's location offers excellent regional accessibility, with close proximity to major thoroughfares such as Route 46, I-95, and the George Washington Bridge, facilitating easy transit to Manhattan and other areas within Bergen County.

This offering represents a rare chance to acquire a well-maintained commercial property in one of Fort Lee's most dynamic retail corridors. The combination of existing income from the leased second floor, the potential for immediate occupancy of the first floor, and the prospect of long-term value appreciation makes this a compelling opportunity for discerning investors and business owners. The property's zoning is C-2, designated for commercial use.