$1,100,000

Description

Excellent opportunity to acquire a fully leased, three-unit commercial investment property in the heart of Dumont, Bergen County. 120 West Shore Avenue offers an attractive combination of established tenancy, consistent rental income, strong street visibility and manageable operating requirements. The property is currently occupied by three businesses, including two exceptionally long-standing tenants, providing an investor with an established income stream from day one. The tenant mix includes Hairs Everything LLC, occupying approximately 1,000 square feet and operating at the property for approximately 36 years; My Daughters Cakes LLC, occupying approximately 600 square feet with approximately 15 years at the location; and ML Glass Construction LLC, occupying approximately 500 square feet. Current base rental income totals approximately $56,100 annually, plus applicable tenant contributions toward real estate taxes. Lease expirations are staggered between November 2026 and October 2027, providing a new owner with both existing income and future opportunities to restructure rents and leases. The one-story commercial property features gas hot-water baseboard heat, built-in air-conditioning units, prominent storefront exposure, ample street parking and an easy-to-maintain layout. Its location along West Shore Avenue provides convenient access to Dumont's surrounding residential neighborhoods and local commercial district.

Tax & Financial Information