NJ > Park Ridge
Park Ridge, NJ 07645,75-81 PARK AVE
Park Ridge, NJ 07645,75-81 PARK AVE
Park Ridge, NJ 07645,75-81 PARK AVE
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Niraj Parikh

Niraj Parikh

+1(848) 565-5006
$1,899,000
Est. payment /mo
5 Baths
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UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250004223

Full Baths 5

Annual Tax Amount $21,000

Lot Dimensions 8000 sq. ft.

Property Sub-Type Investment

Property Description

Investor Bliss...A Golden opportunity awaits.. in this Massive Mixed use-turn key investment building. Ideally located in the high traffic center of burgeoning Park Ridge. Its Premier Coveted Corner location sits on the most desirable Eye-catching corner lot with enormous exposure & prominent visibility & foot traffic. Comprised of 6 units; 2 Residential 1 Bedroom apartments; 1-Two story retail store. 81 Park Ave; 1 Cafe/Eatery. 75-79 Park Ave: 2 commercial office spaces, currently combined & leased to Chiropractor,. This dream investment property is zoned NB; neighborhood business district, measuring 6850+-sq. ft. in total. It offers nearly a 5%+- percent cap rate & growing with rental income increasing. An opportunity exists to revert back to its original use of 6 smaller retail store fronts. As well as, building an additional residential unit atop. Ponder the possibilities; pure investment, Live in, occupy while generating income, site re-development, re-purpose your own business. Surrounded by attractive Remarkable new Residential/Commercial developments. Wegman's grocery, Eateries, Restaurants, many conveniences in a beautiful setting. A Stellar location, adjacent to the Iconic Park Ridge Train Station with direct service to NYC Penn Station-a Dream Commute! Don't Miss out!

Location

State NJ

County Bergen

Area Park Ridge

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Listed by COLDWELL BANKER REALTY
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(848) 565-5006

parikhrealty@gmail.com

New Jersey, United States

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