215 Main St, Fort Lee, NJ 07024

Property Description

Well-maintained, free-standing commercial building for sale! This is a great investment opportunity.100% leased. 6 tenants: 3 retail and restaurant. This is a fantastic investment opportunity, as the property is 100% leased with six tenants: three retail and restaurant businesses and two office spaces. A new roof was installed in 2023, and the air conditioners were replaced recently. The property generates a net operating income (NOI) of $228,154 per year, with an average annual increase of 3% to 4%. Located in the central business district, this building benefits from a prime location. At the rear of the property, there is a newly constructed municipal parking facility and park. High-rise luxury residential rental buildings, a variety of restaurants and cafes, a theater, and a large shopping mall also surround the area.