Presenting this fee-simple interest in the 3rd floor of 725 Grand Ave, Ridgefield, NJ 07657. The subject property is a three-story condominium office building built in 2007. The DIVIDED office space of 4,783 square feet consists of five deeds - Unit 301 - 956 SF Unit 302 - 929 SF Unit 303 - 810 SF Unit 304 - 927 SF Unit 305 1165 SF. Purchase is for all five units or units can be purchased individually as they are deeded separately.
All leases can expire JUNE 2021. ALL tenants will stay if Buyer does not want to occupy space.
Seller is able to deliver 1,737 SF of adjacent offices by February 2022 and 1,213 SF corner space by December 2021.
This is ideally suited for owner user. Spaces can be combined increasing the usable SF to 6,000 SF by eliminating the common area access to the individual offices. Currently 3 Tenants occupy all five units. 15% down payment can purchase this top floor by SBA financing if owner uses over 51% of 4,783 square feet.
The subject property provides immediate access to George Washington Bridge, RT-46, Interstate 80 with convenient access to Interstate 95 and 17.
The property features hotel-like upscale interior, elevator, abundant parking ( The sales includes 13 undercover spaces and 7 spaces that have a 90 year lease from the adjacent church. There are additional 14 spaces in the church parking lot that can be used.), high ceiling, large windows and hardwood floors throughout.
There are medical office, insurance and title agency occupying first floor. CPA's, travel agency, religious organization and nail salon are on 2nd floor.
725 Grand Ave is minutes away from the Rt-46, George Washington Bridge providing convenient access into New York City. Additionally, the property has immediate access to Interstate 95, Interstate 80, Route 1/9, the Lincoln Tunnel, and other major roadways.
