This offering presents a prime opportunity for commercial development located at 1216 Rt 17 North in Ramsey, New Jersey, 07446. The property is zoned B-3 and is designated for investment, specifically as a commercial property subtype. Situated on a significant stretch of Route 17 North, the location benefits from substantial daily vehicle traffic, estimated at close to 50,000 vehicles per day, providing excellent visibility and accessibility for retail operations.
The land is described as shovel-ready, indicating that preliminary development steps have been completed. A Phase I environmental assessment was conducted in 2014, and the property is reported to be clean and prepared for subsequent stages of development. This readiness can significantly streamline the planning and construction process for prospective buyers or lessees, allowing for a more efficient transition from acquisition to operational status.
The surrounding area features a strong presence of Class A retail establishments, suggesting a well-established commercial corridor with a proven track record of consumer engagement. This context offers a synergistic environment for new businesses, potentially drawing from existing customer traffic and complementing the retail landscape. The property is available for purchase at $1,650,000 or can be considered for a land lease arrangement.
Further details regarding specific lot size, frontage, parking availability, and year built are not provided in the available data. However, the core offering centers on a strategically positioned parcel of land with significant traffic counts and a clean slate for development. The property's designation as Highway Commercial Retail Land underscores its suitability for businesses seeking high-volume exposure and accessibility within a dynamic retail market.

Keller Williams Village Square Realty

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