Remarks

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!

Details

MLS#: 250004223
Price: $1,899,000

Style: Investment

County: Bergen
Lot Size: 00005
Tax Fee: 21000