Prime Commercial Building For
215 Main Fort Lee, NJ 07024
215 Main, Fort Lee, NJ, 07024
$4,790,000
For Sale
$4,790,000
Well-maintained, 100% leased commercial building in central business district.
Days on Market117
Property Features for 215 Main
General Information
- Standard status
- Active
- Property subtype
- Commercial
Listing Agency
ALPINE MC REALTY LLC
(201) 429-2999
Listed by
WOO CHOI
Source
Corcoran
Added: Mar 27 Updated: Jul 6 at 12:00 pm Checked: Jul 20 at 3:55 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ALPINE MC REALTY LLC
Investment Insights
Based on property information with market context.
This well-maintained, free-standing commercial building presents a significant investment opportunity. The property is 100% leased to six tenants, comprising three retail and restaurant businesses and two office spaces. A new roof was installed in 2023, and the air conditioners have been recently replaced. The property generates a net operating income (NOI) of $228,154 per year, with an average annual increase of 3% to 4%. Situated in the central business district, the building benefits from a prime location. The area is surrounded by high-rise luxury residential rental buildings, a variety of restaurants and cafes, a theater, and a large shopping mall. A newly constructed municipal parking facility and park are located at the rear of the property.
Key Highlights
- 100% Leased with a diverse mix of tenants providing immediate income.
- Generates a Net Operating Income (NOI) of $228,154 per year with an average annual increase of 3‑4%.
- Prime location in the central business district.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Shopping centers
Similar For Sale Nearby
Similar Off Market Nearby
- Washington Bridge Plaza — 2151 Lemoine Ave, Fort Lee, NJ 07024
- Fort Lee Plaza Shopping Center — 1550 Lemoine Ave, Fort Lee, NJ 07024
- Whiteman Park Plaza — 1605 Lemoine Ave, Fort Lee, NJ 07024
- POLYGON PLAZA — 2050 Center Ave, Fort Lee, NJ 07024
- Oaktree Mall Shopping Center — 2024 Center Ave n, Fort Lee, NJ 07024
FAQs
What type of property is this?
Shopping center - Well-maintained, 100% leased commercial building in central business district.
Where is this shopping center located?
The property is located at 215 Main Fort Lee, NJ.
What is the asking price?
The asking price for this property is $4,790,000.
What are key features of this property?
This property features: 100% Leased with a diverse mix of tenants providing immediate income.; Generates a Net Operating Income (NOI) of $228,154 per year with an average annual increase of 3‑4%.; Prime location in the central business district.
