1184 Main Ave
Property Description
Prime Clifton investment and redevelopment opportunity featuring a 10,464 SF freestanding, multi-tenant commercial building with fully approved plans for an additional 8,071 SF mixed-use development on the same lot. The approved project includes ground-floor commercial space with four residential apartments above. This rare offering combines existing income, long-term antenna revenue, and substantial future development upside in one strategically located asset. Originally constructed in 1928 and renovated in the 2000s, the existing two-story building with mezzanine offers a flexible multi-tenant layout with separate utilities, sprinklers, HVAC, and a bank drive-through. The property contains seven rentable commercial units, along with two Verizon antenna income streams, providing diversified revenue across office, retail, service, banking, and telecommunications uses. The fully approved development component significantly strengthens the property’s value proposition. A buyer can acquire an established income-producing asset while advancing a shovel-ready mixed-use expansion plan. The approvals provide for new ground-floor commercial space and four residential apartments above, creating a compelling combination of current cash flow and long-term appreciation potential in a prime Clifton location.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $4,999,999 |
| No. of Units: | 7 |
| Year Built: | 1928 |
| Lot Size: | 0.88 Acres |
| Opportunity Zone: | No |
| Price per unit: | $714,286 |
| Property Website | Click Here |
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