Ridgewood School
Former School / Gymnasium for Sale
Marketing description
This property is the existing Ridgewood Preparatory School campus (K-12 School) that recently closed.
The property is broken into two large parcels, the "main campus" which is 71,500 square feet (1.64 acres) of land and the vacant parcel that is located across Giuffrias Avenue from the improved site. The vacant parcel was previously used as parking and an athletic field and measures 41,250 square feet.
The main campus area, with the buildings, is zoned C-2 General Commercial & R-2 Two-Family Residential and the majority of the vacant lots across the street are currently zoned R-2, Two-Family Residential, with one lot (#15) zoned C-2.
The building foundations are poured concrete slabs, with wood frame structures and brick and metal exterior walls. The roof is a pitched shingle roof. The interior is a combination of hardwood and carpet throughout, with the exception of the gym. The interior walls are painted sheetrock or cinder block and brick. The overall condition of all the improvements is good.
Property can be sold as a package or separately:
$2,300,000 Main Campus (Building #1) w/ parking Lot #1
$3,100,000 Gym (Building #2) w/ parking Lot #2
Investment highlights
Property Can Be Sold As A Package Or Seperately (See Aerial Below):
Building 1 With Lots 22-29: $2,300,000
Building 2 With Lots 15-21: $3,100,000
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