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179 S Maple Ave 6,000 SF 80% Leased Office Building Ridgewood, NJ 07450 $3,280,412 CAD ($546.74 CAD/SF) 3.34% Cap Rate



INVESTMENT HIGHLIGHTS
- Turnkey multi-tenant investment with strong in-place income
- Convenient location near downtown Ridgewood, NJ Transit, shopping, dining, and major roadways
- Flexible floor plan layouts—easily adaptable for medical, therapy, or general office uses
EXECUTIVE SUMMARY
Asking Price: $2,350,000
Building Size: ±5,775 SF | Parking: 13–19 spaces (plus 6 tandem/double-parked)
Property Overview
Prime professional office building available in the highly desirable Ridgewood market! This ±5,775 square foot multi-tenant building offers a rare owner-user or investment opportunity with a balanced mix of leased and available suites. The property is well maintained, features modern mechanical systems, and provides flexible office layouts suitable for medical, professional, or creative uses.
Currently, all but one suite are leased, offering immediate income and future upside with one ±962.5 SF vacancy. Note: Seller would be willing to vacate his space for owner/user (approximately 1525SF)
Occupancy Summary
Total Building Size: ±5,775 SF
Main Level (±1,925 SF total):
-Former dental/children’s space (±1,525 SF) – open layout with four offices, three bathrooms, and non-load-bearing walls. Perfect for medical, dental, or wellness use.
-Smaller suite (±400 SF) – new lease commencing November 2025.
Second Floor (±1,925 SF total):
-Two suites at ±962.5 SF each – one leased, one currently vacant.
-Mix of private offices, kitchenette, conference room, and bathrooms.
Lower Level (±1,925 SF total):
-Two suites featuring multiple private offices, conference room, reception area, kitchenette, and separate entrances.
Building Features
-Parking: 13 striped spaces plus 6 tandem/double-parked positions (total capacity up to 19 cars)
-HVAC: Four rooftop units—all replaced within the last 10 years
-Utilities: Separate heating and air-conditioning systems for each suite (gas heat and central air; some baseboard heating)
-Roof Access: Upper level includes private roof access
Zoning & Use: Ideal for professional, medical, or general office users. Located in R-4 Garden Apartment Residential Zone.
Building Size: ±5,775 SF | Parking: 13–19 spaces (plus 6 tandem/double-parked)
Property Overview
Prime professional office building available in the highly desirable Ridgewood market! This ±5,775 square foot multi-tenant building offers a rare owner-user or investment opportunity with a balanced mix of leased and available suites. The property is well maintained, features modern mechanical systems, and provides flexible office layouts suitable for medical, professional, or creative uses.
Currently, all but one suite are leased, offering immediate income and future upside with one ±962.5 SF vacancy. Note: Seller would be willing to vacate his space for owner/user (approximately 1525SF)
Occupancy Summary
Total Building Size: ±5,775 SF
Main Level (±1,925 SF total):
-Former dental/children’s space (±1,525 SF) – open layout with four offices, three bathrooms, and non-load-bearing walls. Perfect for medical, dental, or wellness use.
-Smaller suite (±400 SF) – new lease commencing November 2025.
Second Floor (±1,925 SF total):
-Two suites at ±962.5 SF each – one leased, one currently vacant.
-Mix of private offices, kitchenette, conference room, and bathrooms.
Lower Level (±1,925 SF total):
-Two suites featuring multiple private offices, conference room, reception area, kitchenette, and separate entrances.
Building Features
-Parking: 13 striped spaces plus 6 tandem/double-parked positions (total capacity up to 19 cars)
-HVAC: Four rooftop units—all replaced within the last 10 years
-Utilities: Separate heating and air-conditioning systems for each suite (gas heat and central air; some baseboard heating)
-Roof Access: Upper level includes private roof access
Zoning & Use: Ideal for professional, medical, or general office users. Located in R-4 Garden Apartment Residential Zone.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
6,000 SF
Building Class
B
Year Built
1972
Price
$3,280,412 CAD
Price Per SF
$546.74 CAD
Cap Rate
3.34%
NOI
$109,602 CAD
Percent Leased
80%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,000 SF
Building FAR
0.60
Lot Size
0.23 AC
Zoning
R-4 - R-4 Zone
Parking
17 Spaces (2.83 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Conferencing Facility
- Security System
- Kitchen
- Central Heating
- Fully Carpeted
- Recessed Lighting
- Drop Ceiling
- Wi-Fi
- Air Conditioning
Walk Score®
Very Walkable (89)
PROPERTY TAXES
| Parcel Number | 51-04007-0000-00025 | Improvements Assessment | $1,021,394 CAD (2025) |
| Land Assessment | $555,790 CAD (2025) | Total Assessment | $1,577,184 CAD (2025) |
PROPERTY TAXES
Parcel Number
51-04007-0000-00025
Land Assessment
$555,790 CAD (2025)
Improvements Assessment
$1,021,394 CAD (2025)
Total Assessment
$1,577,184 CAD (2025)
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179 S Maple Ave
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