59 E Ridgewood Ave - Retail FOR SALE


Ridgewood, NJ 07450
$2,200,000 USD
973-204-7941
59 E Ridgewood Ave, Ridgewood, NJ for Sale
$2,200,000 USD
Retail - FOR SALE
1/5
null | 5.49% Cap Rate

59 E Ridgewood Ave
Ridgewood, NJ 07450


HIGHLIGHTS

  • Downtown Ridgewood
  • Heavy daytime foot traffic

OVERVIEW

rime Mixed-Use Investment Opportunity | Ridgewood, NJ Positioned in the heart of downtown Ridgewood, this exceptional mixed-use asset at 57–59 E Ridgewood Ave offers a rare opportunity to acquire a high-demand, income-producing property in one of Bergen County’s most sought-after retail corridors. The property features two street-level retail storefronts with strong visibility and consistent foot traffic, complemented by two residential apartments above, creating a balanced and diversified income stream. This proven mixed-use configuration is ideal for investors seeking stable cash flow with long-term upside potential. Surrounded by national retailers, boutique shops, and popular dining destinations, the location benefits from Ridgewood’s affluent demographics, walkability, and direct access to major transportation routes and NJ Transit. Investment Highlights: Two (2) retail storefronts with prime frontage on E Ridgewood Ave Two (2) residential apartments providing additional rental income High-visibility location in a premier downtown retail district Strong foot traffic and established tenant demand Ideal for investors seeking passive income and appreciation in a high-barrier-to-entry market This is a rare opportunity to secure a trophy mixed-use asset in Ridgewood’s core business district, where retail and residential demand remain consistently strong.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$440 USD /SF

CAP RATE

5.49%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

K & L LLC

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

-

APN/PARCEL ID

51-03805-0000-00012

ASK ABOUT THIS PROPERTY

Liza OgullukK & L LLCMore Info
973-204-7941

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Liza OgullukK & L LLCMore Info
973-204-7941

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.