305-307 Ridge Rd, Lyndhurst, NJ 07071

This mixed-use property is situated at 305-307 Ridge Road in Lyndhurst, New Jersey, within a location characterized by exceptionally high traffic counts, presenting a unique commercial opportunity. The building is comprised of two distinct retail spaces, each measuring approximately 2,700 square feet, offering substantial floor area for various business operations. This prime positioning ensures significant visibility and accessibility for potential tenants or owner-users.

In addition to the commercial spaces, the property includes two residential apartments, each featuring three bedrooms. These units are currently occupied with low rental rates, indicating a considerable potential for increased revenue and value enhancement for investors. The dual nature of the property, combining retail and residential components, provides a diversified income stream and broadens its appeal to a wider market.

Constructed in 1910, this two-story building has a building class of C and is zoned for Business District (B). The property offers frontage and is categorized as an investment or owner-user opportunity. The current tenancy is multiple, reflecting the building's established presence and operational capacity. The total building area is approximately 8,000 square feet, with the retail spaces alone accounting for 5,400 square feet.

The property's location in the heart of Lyndhurst, combined with its substantial square footage and the potential for rental income optimization, makes it a noteworthy asset for those seeking commercial real estate with significant upside. The existing low rents present a clear pathway for investors to implement strategic adjustments and realize a higher return on investment over time.