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Investment Highlights
- High Traffic Street with 27,500 AADT
- Corner Lot
- Prominent Signage
Executive Summary
Prime retail/showroom opportunity located on a highly visible corner parcel of over one-half acre along a major corridor with approximately 27,500 AADT. This 6,500 square foot free-span concrete block building offers exceptional exposure, strong signage presence, and convenient access for both customers and deliveries. The interior features an open and flexible floor plan currently utilized as an office furniture showroom, allowing for a variety of retail, showroom, or commercial uses with minimal interior obstructions. The property includes three restrooms and is well-suited for both owner-users and investors seeking a functional layout with adaptability. Ample on-site parking and excellent ingress and egress enhance the property's usability and customer convenience. Surrounded by a mix of residential and commercial development, this location benefits from steady traffic flow and strong visibility, making it an ideal setting for businesses looking for exposure in a growing market.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
6,500 SF
Building Class
B
Year Built
1974
Price
$650,000
Price Per SF
$100
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.57 AC
Zoning
BR-1 - Business Retail
Parking
40 Spaces (6.15 Spaces per 1,000 SF Leased)
Frontage
113’ on Ridgewood Ave
Amenities
- Pylon Sign
- Security System
- Signage
- Air Conditioning
Fairly walkable
40/100
Moderately drivable
60/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5338-01-09-0080 | Improvements Assessment | $297,190 |
| Land Assessment | $111,780 | Total Assessment | $408,970 |
Property Taxes
Parcel Number
5338-01-09-0080
Land Assessment
$111,780
Improvements Assessment
$297,190
Total Assessment
$408,970
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601 N Ridgewood Ave
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