89 Main StFort Lee, NJ 07024

Property Details for 89 Main St

Year built

1998

Lot size

0.19 AC

Property size (Sq ft)

6,500 SF

Zone code

C1B

Property type

Other commercial real estate

APN

19 04856-0000-00005

APU

1904856000000005

Description

This exceptional Class A restaurant property, located at 89 Main Street in Fort Lee, New Jersey, presents a compelling investment opportunity. The 6,500 square foot, two-story building sits on a 0.249-acre lot and boasts a recent 2019 renovation. The property features an open concept layout ideal for a high-end establishment, complemented by an oversized terrace offering stunning city views. Ample parking is provided with an 18-space private garage. Situated in a vibrant commercial area, the property benefits from high foot traffic due to its proximity to office buildings, residential complexes, and other retail establishments. Its convenient location near the George Washington Bridge and major highways ensures easy accessibility. The property is zoned C1B and is currently vacant, offering a blank canvas for a discerning owner-user. A liquor license is available for qualified buyers. This owner-user investment opportunity is a value-add property with a asking price of $3,100,000 ($476.92/sq ft). Don't miss this chance to own a versatile commercial space in a highly desirable location.

• Alternative Use

  Use

  Valuation

  Residential

  $1,230,054

  Hospitality

  $1,126,723

  Educational

  $937,420

  Medical

  $969,660

  Retail

  $1,458,210

Location Insight

City

Fort Lee

County

Bergen

State

New Jersey

Latitude

40.8505

Longitude

-73.9648

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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