MLS® ID: 3504296

612 RIDGE RD

North Arlington Boro, New Jersey, 07031-4835

$499,000 Active
  • - SQFT
Free standing commercial building for sale with great potential for conversion to mixed use and/or residential. Many possibilities to have your own business plus live on premises or collect 2 commercial incomes with proper approvals. High traffic area, prime Ridge Road location. 2 floors plus finished basement, approximately 3,000 total square footage on 5,663 square foot lot. Shared driveway easement leading to 3 off street parking spaces in rear of property. Extra deep property 195 ft. 1st fl. current use is hair salon w/approx. 2,200 sq.ft w/bath. 2nd fl. approx. 800 sq.ft. w/bath. Five year old furnace. Two 80 gallon hot water heaters 5 years old. Annual expenses $17,000, Ins. $2,000/yr. Water $800. Market value rent for prime location will yield a 7%+ cap rate.
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Listing courtesy of COCCIA REALTY BHGRE

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    07031-4835
  • Office name
    COCCIA REALTY BHGRE
  • SQFT
    0
  • Zoning type
    Commercial
  • Year built
    1930
  • Lot size
    29.8X190 2.27LT
  • Sewer
    Public Sewer
  • Heating
    See Remarks
  • Tax year
    2017
  • Agent name
    JANIS MITCHELL
  • Tax amount
    $ 13292.0
  • Purchase Type
    Active
  • Price Range
    $400k-$500k
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    040405
  • Agent ID
    303953

Location

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