Property Description

Positioned on arguably one of the most visible and heavily trafficked corners in all of Palisades Park, this exceptional mixed-use investment opportunity sits at the prominent intersection of Broad Avenue and the Route 46 access ramp. The property consists of six income-producing units???three street-level commercial spaces and three residential apartments???offering investors a rare combination of immediate cash flow, long-term stability, and significant upside potential. Extensively maintained and recently improved, the property benefits from separate gas and electric meters for all units, minimizing landlord expenses and simplifying management. A dedicated 12-space private parking lot further enhances tenant convenience???an increasingly valuable amenity along one of Bergen County's busiest commercial corridors. The location is the true centerpiece of this investment. Situated in the heart of Palisades Park's thriving commercial district, the property enjoys unparalleled visibility, constant vehicle exposure, substantial pedestrian traffic, and direct access to major transportation routes. NYC-bound bus service is located immediately outside the building, providing convenient commuter access and supporting strong residential and commercial demand. The surrounding area continues to experience significant redevelopment and investment activity, reinforcing the long-term strength of this corridor.

Property Features