320 Queen Anne Road, Teaneck, NJ
Retail for Sale - $1,475,000 - 5,200 Sq. Ft. on 0.4 acres
Property Info
CIMLS# | 948236 |
Location 320 Queen Anne Road Teaneck NJ 07666 | |
Updated | February 1st, 2018 |
Type | Retail |
Price | $1,475,000 |
Building | 5,200 Sq. Ft. |
Land | 0.4 acres |
Property Description
The portfolio consists of two lots. One lot has a building on it consists of street retail with apartments above. The second lot is a parking lot. (A third lot which sits on the other side of the parking lot is also available.) The two lots are approximately 15,000 SF together. Currently the building is fully occupied. The real value is the parking lot and it's unique opportunity. The current financial analysis attached represents the current income value of the two lot portfolio. Please see the Development Value Analysis section to understand the full potential of this opportunity.
Location Description:
Located on Queen Anne Road between Degraw Avenue and Fort Lee Road.
Highlights:
>> Current buildings are currently producing income
>> Many options concerning scope of development
>> Additional lot/income producing building available
>> No parking requirement in this part of town
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