198 Market Street
Courtesy of Serhant New Jersey LLC
Leased

198 Market Street

198 Market Street, Elmwood Park, NJ 07407

$885,000/month
Prime investment opportunity! This three-unit strip mall is located in the heart of Elmwood Park's bustling downtown district. Situated on a 51x150 lot, the property offers excellent visibility on a high-traffic road, making it ideal for retail businesses looking to attract foot and vehicle traffic. With 10+ parking spaces conveniently located at the rear of the building, this property provides easy access for customers. Its strong rental history makes it a stable investment, with current tenants benefiting from the mall's high visibility and proximity to major highways, offering seamless access to Route 80, Route 46, and the Garden State Parkway. This versatile commercial property is perfect for investors or business owners looking for a well-maintained, high-traffic retail location in a growing area. Don't miss out on this rare opportunity to own a piece of Elmwood Park's thriving commercial landscape!

Features & Amenities

Area & Lot

  • Status Leased
  • MLS® ID24033752
  • TypeCommercial
  • Water FrontageNone

Exterior

  • utilitiesSep Elec, Sep Gas
  • HEAT TYPENatural Gas
  • AIR CONDITIONINGGas

Financial

  • Lease Price$885,000/mo
  • Real Estate Tax $13,554/yr

Work With Michael

Assisting clients through every step of the real estate process is what Michael takes pride in and is considered his golden rule that has created the Image he has worked so hard for and established, that he continues to believe in and provide to our clientele.

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