1095 Palisade Ave, Fort Lee, NJ 07024

An exceptional investment opportunity is presented with this prime mixed-use property located at 1095 Palisade Ave in Fort Lee, NJ. This turnkey, four-story building underwent significant renovation and expansion in 2015 and 2021, offering a substantial 5,070 square feet of versatile space. The property is situated on a generous 9,527 square foot lot, providing ample room for its various functions. The building's design accommodates distinct commercial and residential uses, making it a unique asset in a high-traffic area.

The first floor is configured for commercial use, featuring a separate entrance, dedicated office space, a small kitchen, a large workshop with high ceilings, and a powder room. This layout is well-suited for professional services, including but not limited to medical practices, legal offices, accounting firms, or educational institutions like art schools. The thoughtful design ensures functionality and accessibility for clients and staff, contributing to its potential for high rental yield.

The upper levels of the building are arranged for residential living, offering an open-concept living and dining area. A gourmet kitchen is a focal point, providing direct access to the backyard. This residential section includes three full bathrooms and can accommodate up to three bedrooms, including a master suite complete with a walk-in closet and a private office. The integration of these living spaces within the mixed-use structure offers flexibility for various occupancy scenarios.

Further enhancing the property's utility are extensive storage options and parking. The building includes a massive basement, providing significant space for storage. A notable feature is the rare on-site private parking lot, capable of accommodating ten vehicles. The property benefits from its location in a high-traffic area, and with a few professional updates, it is poised to offer unmatched investment potential and a strong rental yield. The building was originally constructed in 1954 and has been updated to meet modern demands.