Commercial space For Sale in Pompton Lakes, NJ
 

MLS# : 23037302

Street : 435 Ringwood Avenue
Price : $2,400,000
Town : Pompton Lakes, NJ 07442
Annual Taxes : $27,235

PROPERTY DETAILS

Use : Retail
Type : Free Standing
Utilities : Sep Elec, Sep Heat
Heat/Cool : Gas
Waterfront : None

PROPERTY DESCRIPTION

NEW commerical 4 unit building. (Projected Gross Income $150,000 per year) This versatile property encapsulates both adaptability and potential for a variety of commercial ventures. building totaling approx. 4500 +/- SQFT on a (17,860).41 acre lot thus opening avenues for "potential development" "No variance needed to add 5 to 6 apartments, according to architect * ALL Tenants Operating under a triple net lease, the restaurant is willing to relocate at any time for suitable consideration, currently paying around $3900 with two renewable 5-year terms. Simultaneously, the Fire chicken & Grill, paying approximately $2,000, has a lease . The two Middle unit presently vacant, a prior The dentist office is approximately 860sq ft each side for total of about 1721. The range of possibilities for utilization is extensive whether reviving it as a prosperous dentist's office or transforming it into an accountant's office, nail/hair salon, acupuncture studio, or physical therapy practice

Amenities

This listing is a courtesy of Group Twenty Six, LLC
(201) 969-2626 office, listing agent Michael R. Personette

MADISON ADAMSTM

office: 201-760-1100
84 E Ridgewood Ave, Suite 201
Ridgewood, NJ 07450
201-760-1100 (office)
201-760-1102 (fax)

Contact Info

FOR APPOINTMENTS CONTACT


Managing Partner
Broker Associate
646-279-8233 (cell)

Madisom Adams Broker Associate Helena Lobo-Zagorski


Similar Listings in Pompton Lakes

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Madison Adams are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
NJMLS is the owner of the copyrights of the listing content displayed for IDX. The NJMLS Internet Data Exchange Logo is a service mark owned by the NJMLS, Inc. All information deemed reliable but not guaranteed. Last date updated: 04/27/2024 00:05 AM Source: New Jersey Multiple Listing Service, Inc. “©2024 New Jersey Multiple Listing Service, Inc. All rights reserved.”


General Tax Rate is used to determine the amount of real estate tax levied upon a particular property. This rate is used to compute the tax bill.

Effective Tax Rate is used to compare of one district to another district based on the assumption that all districts are at 100% valuation. This rate has been computed by the State of New Jersey Department of the Treasury using County Equalization Average Ratios. This rate is NOT to be used to compute the tax bill.

Data Source: US Census 2010, NJ MLS, State of New Jersey Department of the Treasury

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