Opportunity to acquire income producing investment with a solid lease already in place with a recognized national chain take out restaurant. Whether youre an investor seeking investment returns or looking to add a low maintenance asset to your portfolio, this property delivers strong fundamentals: high traffic location, quality construction, and a proven national tenant already in place. Located on high visibility corner lot on US 1 / Ridgewood Ave one of the busiest corridors in the area with an Annual Average Daily Trip (AADT) of 27,000 and excellent accessibility with a bi directional median cut. Low maintenance brick commercial building on a corner lot that is nicely landscaped with underground utilities and a newly resurfaced parking lot. The sale includes the building and both parcels with approximately 200 of Ridgewood Ave. frontage. The active lease is fully transferable, providing income cash flow with a nationally recognized tenant. The business operations, equipment, and inventory are owned by the restaurant and are not included in the sale. Information is assumed accurate but not guaranteed. Measurements are approximate. Buyers and their agents must verify all information that is important to them.
Opportunity to acquire income producing investment with a solid lease already in place with a recognized national chain take out restaurant. Whether youre an investor seeking investment returns or looking to add a low maintenance asset to your portfolio, this property delivers strong fundamentals: high traffic location, quality construction, and a proven national tenant already in place. Located on high visibility corner lot on US 1 / Ridgewood Ave one of the busiest corridors in the area with an Annual Average Daily Trip (AADT) of 27,000 and excellent accessibility with a bi directional median cut. Low maintenance brick commercial building on a corner lot that is nicely landscaped with underground utilities and a newly resurfaced parking lot. The sale includes the building and both parcels with approximately 200 of Ridgewood Ave. frontage. The active lease is fully transferable, providing income cash flow with a nationally recognized tenant. The business operations, equipment, and inventory are owned by the restaurant and are not included in the sale. Information is assumed accurate but not guaranteed. Measurements are approximate. Buyers and their agents must verify all information that is important to them.
Features
Building and Construction
Covered Spaces: 0.00
Flooring: Tile
Living Area: 1957.00
Property Information
Property Condition: Completed
Land Information
Lot Features: Central Business District, Corner Lot, Oversized Lot
Garage and Parking
Garage Spaces: 0.00
Open Parking Spaces: 0.00
Parking Features: Ground Level
Eco-Communities
Water Source: Public
Utilities
Carport Spaces: 0.00
Cooling: Central Air
Heating: Central, Electric
Road Frontage Type: Business District, City Street, Divided Highway, Turn Lanes
Sewer: Public Sewer
Finance and Tax Information
Home Owners Association Fee: 0.00
Insurance Expense: 0.00
Net Operating Income: 0.00
Other Expense: 0.00
Tax Year: 2025
Other Features
Country: US
Legal Description: LOTS 1 2 & 3 EXC W 34 FT IN RD & LOT 5 BLK A TURGOT TERRACE MENDALL HOMESTEAD PER OR 4413 PG 2682 PER OR 5625 PG 3080
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