Located at 98 Ridge Road in North Arlington, New Jersey, this commercial building offers approximately 8,511 square feet of space situated on a parcel of approximately 0.344 acres. The property is positioned along Ridge Road within Bergen County, an area characterized by its established municipal redevelopment corridor. The building, constructed in 1950, is a single-story structure with a building class of C.
The site is zoned C-1, allowing for various commercial uses. A notable feature of this property is the presence of 21 surface parking spaces, providing a ratio of 1.68 spaces per 1,000 square feet of leased area. The daily traffic count along Ridge Road is substantial, with an estimated 37,717 vehicles passing by, indicating significant visibility and accessibility for businesses operating at this location.
This property presents a dual opportunity for investors or owner-users. Currently, the building is leased through May 31, 2028, with multiple tenancies in place. The remaining lease term ensures interim contractual revenue, offering a stable income stream while potential future plans are considered. This existing tenancy can provide a predictable return on investment.
The strategic location in North Arlington, coupled with the property's zoning and infrastructure, makes it a compelling asset. The approximately 0.344-acre lot provides adequate space for the existing building and parking. The property's placement within a redevelopment corridor suggests potential for future growth and enhancement of the surrounding area.

The Clinical Group

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