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211 Ridge Rd 4,647 SF 100% Leased Retail Building North Arlington, NJ 07031 $1,775,000 ($381.97/SF)
Investment Highlights
- Hi-Visibility -- Absolute Center of Town
- High Daily Traffic Counts: Ridge Road (37,321) / Belmont Avenue (1,132)
- Neighboring Retailers Include: Dunkin Donuts / Deli / Cafe
- Corner Lot w/ 3 Curb Cuts
- Neighboring Municipal Properties Include: Borough Hall / Public Library / High School / Senior Center / Health Department
- New Availability: ~700 SF of Retail/Office space FOR LEASE @ $25 NNN on Month-to-Month basis
Executive Summary
, 209-211 Ridge Road is a pedestrian friendly, stand alone corner property ideally suited for an owner-user, investor or a developer. The existing structure can be converted into a Single or Multi-tenanted store fronts. The site could also be developed into residential project. AAA corner location with 121.95’ foot frontage on Ridge Road along with 88.45’ on Belmont Ave.
Call today or click today !!
Call today or click today !!
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
4,647 SF
Building Class
C
Year Built
1970
Price
$1,775,000
Price Per SF
$381.97
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.43
Lot Size
0.25 AC
Zoning
RRRA
Parking
16 Spaces (3.44 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Corner Lot
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 39-00035-0000-00011-02 | Improvements Assessment | $646,300 |
| Land Assessment | $485,300 | Total Assessment | $1,131,600 |
Property Taxes
Parcel Number
39-00035-0000-00011-02
Land Assessment
$485,300
Improvements Assessment
$646,300
Total Assessment
$1,131,600
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211 Ridge Rd