ID #1782 - Prime Mixed-Use Commercial Complex in Northern NJ
Business Description
An immediate income-producing commercial asset in the heart of a vibrant, densely populated downtown business district in northern, New Jersey. This fully occupied, ±7,750 SF mixed-use complex commands prestigious street frontage on one of the area’s premier commercial corridors and generates $23,188 per month in diversified rental income across five established tenants. Fully leased, fully operational, and uniquely flexible, this asset allows an investor to step in and manage the branded event venue directly or structure a sale-leaseback with the current operator for a truly passive return.
The property generates $23,188 in monthly income, or $278,256 annually, from a ±7,750 SF building fully occupied by five tenants with no vacancy. This is a stabilized, income-producing asset delivering reliable cash flow from the day of closing, with no ramp-up period and no operational uncertainty.
The acquisition structure is uniquely flexible, offering two distinct paths to ownership. An investor can take over active management of the anchor event venue to capture the full hospitality-margin upside, or execute a seamless sale-leaseback with the current operator for a completely passive, hands-off investment. This rare dual-exit flexibility is difficult to find in a single commercial asset.
The anchor tenant, an established and branded indoor-outdoor event and hospitality venue, generates $15,000 per month — by far the highest-value tenancy in the building. The venue is operational and well known, drawing clientele from across the county and the greater New York metropolitan area.
The remaining four tenants are specialty-retail businesses and a diverse tenant mix spanning food service, personal care, wellness, and specialty retail. This diversification across five distinct business categories insulates income against any single-tenant risk.
The property sits on one of its downtown’s most prestigious and high-traffic commercial streets, a densely activated retail corridor with exceptional pedestrian flow, strong name recognition, and consistent foot traffic from one of Bergen County’s most vibrant and densely populated communities.
This substantial ±7,750 SF multi-tenant commercial building sits at the center of a thriving downtown business district. The indoor-outdoor configuration of the event venue, combined with four additional storefronts, creates a property that is both versatile and exceptionally well-tenanted.
The property is strategically positioned with quick access to major regional highways, placing it within easy reach of the greater New York metropolitan area.
The property generates $23,188 in monthly income, or $278,256 annually, from a ±7,750 SF building fully occupied by five tenants with no vacancy. This is a stabilized, income-producing asset delivering reliable cash flow from the day of closing, with no ramp-up period and no operational uncertainty.
The acquisition structure is uniquely flexible, offering two distinct paths to ownership. An investor can take over active management of the anchor event venue to capture the full hospitality-margin upside, or execute a seamless sale-leaseback with the current operator for a completely passive, hands-off investment. This rare dual-exit flexibility is difficult to find in a single commercial asset.
The anchor tenant, an established and branded indoor-outdoor event and hospitality venue, generates $15,000 per month — by far the highest-value tenancy in the building. The venue is operational and well known, drawing clientele from across the county and the greater New York metropolitan area.
The remaining four tenants are specialty-retail businesses and a diverse tenant mix spanning food service, personal care, wellness, and specialty retail. This diversification across five distinct business categories insulates income against any single-tenant risk.
The property sits on one of its downtown’s most prestigious and high-traffic commercial streets, a densely activated retail corridor with exceptional pedestrian flow, strong name recognition, and consistent foot traffic from one of Bergen County’s most vibrant and densely populated communities.
This substantial ±7,750 SF multi-tenant commercial building sits at the center of a thriving downtown business district. The indoor-outdoor configuration of the event venue, combined with four additional storefronts, creates a property that is both versatile and exceptionally well-tenanted.
The property is strategically positioned with quick access to major regional highways, placing it within easy reach of the greater New York metropolitan area.
About the Business
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 7,750
Listing Info
- ID
- 2554814
- Listing Views
- 10
Listing ID: 2554814 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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