Joy Jewelry 228 Rivervale Rd 10,000 SF Office Building River Vale, NJ 07675 $3,976,320 CAD ($397.63 CAD/SF) 7.33% Cap Rate

228 Rivervale Rd, located in the vibrant suburban district of River Vale, NJ, is an exceptional property with incredible potential for a variety of uses. Originally constructed in 2000 and meticulously renovated by the current owner, this building offers a highly versatile space that can accommodate a wide range of business or community functions. The building is perfectly suited for use as a church fellowship hall, daycare center, school, adult community center, or medical office such as a doctor’s office.
The property is located within a commercial zoning district, and with a minor zoning change, the aforementioned uses are possible. We recommend contacting the city’s Building Department for guidance and to confirm the feasibility of these changes.
Also available for Lease Call for more details.
Check this building in You tube!!
https://www.youtube.com/watch?v=W9Yc6qq2LAo
With 30 parking spaces available, the property can easily support large gatherings, making it an ideal location for organizations requiring ample parking. The building’s open floor layout across all three levels enhances its flexibility, allowing tenants or owners to tailor the space to meet specific operational needs. The ground level, first floor, and second floor are all designed with an open layout, providing ample opportunity for customization without the need for extensive remodeling.
The building’s interior is both sophisticated and modern, featuring high-quality finishes that create a welcoming and professional environment. The spacious, open floor plans allow for effortless design adaptability, whether dividing the space for multiple tenants or utilizing the entire building for a single organization. This makes 228 Rivervale Rd a highly adaptable property, catering to a diverse range of functions with the ability to accommodate both communal and professional uses.
Property Overview:
Location: 228 Rivervale Rd, River Vale, NJ
Building Size: 10,000 SF (3 stories)
Land Size: 23,174 SF (0.53 Acres)
Zoning: Commercial (C)
Parking: 30 spaces
Current Use: Owner-occupied, ideal for commercial, community, or medical uses
Investment Highlights:
Modern & Renovated: 2018: Complete building renovation, enhancing the overall structure and design.
2024: New HVAC system installation and roof renovation for long-term durability and energy efficiency.
Flexible Use: Suitable for a variety of uses, including church fellowship hall, daycare center, school, adult community center, or medical office (with potential zoning adjustments).
Excellent Location: Located in a high-demand suburban area with strong demographics and nearby amenities.
Well-Maintained: The building has been impeccably maintained and offers an open floor plan throughout, providing ease of customization.
Inquire for More Information: Please contact us for detailed financials and to schedule a site tour.
Zoning Information: Minor zoning adjustments may be needed for some uses. Contact the City Building Department for further details.