Properties

Description

Introducing a remarkable investment opportunity: a six-unit brick building located in a bustling area of Paterson Street. This well-maintained property features three commercial units on the first floor, two of which are currently leased to established businesses a popular Chinese restaurant and a delightful coffee shop ensuring consistent rental income. The Chinese restaurant benefits from access to a spacious basement, adding to its operational capabilities.On the second floor, you'll find three residential units, each thoughtfully designed with two rooms and a full bathroom, providing comfortable living spaces. The current tenants are all related to the seller, presenting a unique opportunity for potential buyers to consider a strategic rental plan moving forward.This mixed-use property is strictly sold as-is and represents a rare find in a high-traffic location. With strong existing tenants and the potential for added value, this building stands as a prime investment with great possibilities. Don't miss out on this chance to own a versatile property in a thriving neighborhood!

Features

  • Heating System : See Remarks
  • Cooling System : Window A/c(s)
  • Basement : Unfinished, Walkout, Storage
  • Roof Deck : Flat
  • Tax Assessed Valuation: 960000
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Gas-Natural

Additional Info

  • Office Name: EXP REALTY, LLC
  • Office MLS ID: 5028
  • Agent ID: 311511
  • Tax: 47068
  • Tax Year: 2023
  • Application Fee: $0
  • Zoning: B-4

Commercial For Sale

For Sale
$1,395,000

59 Broadway, Paterson City, *

  • SQFT 61 Acre

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5311880
  • Price: $1,395,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 0
  • Year Built Description: Approximate
  • Lot Area: 61 Acre
  • Status: Active
  • Days On Market: 2

Contact Agent

Map

Address Map

  • Country US
  • County Passaic
  • City Paterson City
  • Zipcode *
  • Street: Broadway
  • Street Number: 59
  • Street Direction: Google Map, off Main St
  • Floor Number: 0
  • Longitude: W75° 49' 38.7''
  • Latitude: N40° 55' 8.4''
  • Internet Display Address: No
Property