85 Park Park Ridge, NJ 7656
Retail space with high foot traffic near Park Ridge train.
- Added:
- Apr 30, 2025
- Days on Market:
- 341
- Last Refresh:
- Mar 16 at 9:08 am
Property Features for 85 Park
General Information
- Standard status
- Active
Listing agent VASKO JANESKI
Listing office COLDWELL BANKER, WAYNE
Listing date Apr 30, 2025
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER, WAYNE
Overview
Retail Space Near Train Station
This retail space is located across from the Park Ridge train station, benefiting from substantial on-site and foot traffic. The property is suitable for various business ventures, including a pizzeria, capitalizing on the steady flow of commuters and local businesses. The existing lease has 3 years remaining, with a monthly rent of $1979. The landlord is open to negotiating a new 5-year lease. All equipment is owned and included in the sale, and the property is sold in As-Is condition. The Gross Operating Income (GOI) is $600,000 per year, with a Net Operating Income (NOI) of $123,000 per year.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Park Pizza
Restaurant
Location Insight
- Map
- Local Demand
- City
- Park Ridge
- County
- Bergen
- State
- New Jersey
- Longitude
- -74.0351
- Latitude
- 41.0328
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Retail space with high foot traffic near Park Ridge train.
Where is this retail space located?
The property is located at 85 Park Park Ridge, NJ.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: High Net Operating Income (NOI) of $123k/Year; Gross Operating Income (GOI) $600k/Y; Prime location across from Park Ridge train station with high foot traffic
