14,065 SF Lot | Development Opportunity | 10 - 15 Units

Highlights

• Redevelopment for a multi-family building with roughly 10 - 15 units
• 8,407 SF Industrial/ Retail building
• Multi-unit Tenanted Property
• Zone: M | Light Industrial
• Northern New Jersey location
• 100% occupancy rate

Description

Introducing a prime investment opportunity at 2 Lake St, Bergenfield, NJ, 07621. This impeccably maintained 8,407 SF building, featuring 1 unit, is a testament to timeless elegance. Originally constructed in 1931 and meticulously renovated in 1945, this property's classic charm is seamlessly melded with modern functionality. Boasting a desirable M zoning, this Northern New Jersey gem is currently at 100% occupancy, presenting an immediate and secure income stream for discerning investors. With its rich history and optimal location, this property is a rare find for those seeking a strategic addition to their commercial portfolio.

Bergenfield, located in Bergen County, New Jersey, is a vibrant borough with a population of 28,321 as of the 2020 United States census. This marks a 5.8% increase from the 2010 census count of 26,764, which itself reflected a 2.0% increase from the 2000 census count of 26,247.

Discover the perfect blend of business and pleasure in the heart of Northern New Jersey. The vibrant neighborhood surrounding the property offers a thriving business community and an array of local gems, including the charming downtown area with a variety of dining options. Just a short drive away, professionals can find respite in the scenic Overpeck County Park, while New York City is easily accessible for commuting or client meetings. The location also boasts convenient access to major highways, providing seamless connectivity for professionals.