This unique commercial property at 623-635 Broadway in Westwood, New Jersey, presents a rare opportunity to acquire a site with a long-standing legacy. The property includes the Fritz Dietl Skating Rink, a facility with onsite parking, alongside a mixed-use retail and three-apartment residential building. Situated in the heart of Westwood, Bergen County, this offering provides a chance to continue the tradition of the popular skating facility or explore alternative income-producing ventures.
The existing infrastructure offers significant potential for various business models. The secondary building, currently associated with the skating rink, could accommodate training facilities or other accessory uses. Alternatively, the site's zoning, LB-1 Mixed, permits a wide range of commercial activities including retail, restaurants, health clubs, banks, medical offices, and child care centers, opening doors for redevelopment or a value-add strategy to maximize income potential.
Constructed in 1936 with a significant renovation or addition in 1990, the property encompasses a total area of 21,120 square feet. The building class is designated as C. The LB-1 zoning designation is particularly versatile, allowing for a broad spectrum of uses that can cater to diverse community needs and business opportunities, making it an attractive prospect for owner-users or investors looking to capitalize on a prime location.
The property's excellent location in Westwood, NJ, provides high visibility and accessibility. The combination of a well-established recreational facility with residential and retail components offers a multifaceted revenue stream. This property stands as a rare opportunity for those seeking to invest in a location with historical significance and substantial potential for future growth and adaptation to market demands.

KW Commercial

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