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$1,061,000
Est. payment /mo
5,050 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Under Contract
Purchase Type For Sale
Square Footage 5,050 sqft
Price per Sqft $210
MLS Listing ID 4020666
Year Built 1940
Annual Tax Amount $36,208
Tax Year 2025
Lot Size 4,791 Sqft
Property Description
Strategic retail/investment opportunity in Paterson's highly active Totowa commercial corridor, immediately west of Downtown Paterson. This property consists of a 5,050 SF two-story retail building situated on a 50' x 101' lot, offered vacant at closing to provide immediate flexibility for owner users, investors, or purchasers interested in redevelopment. Currently operating as a supermarket, the property includes existing walk-in coolers/freezers and a functional retail layout well suited for grocery, specialty food, discount retail, medical, or other neighborhood serving commercial uses. Located in a densely populated residential trade area with strong pedestrian and vehicular traffic, the asset offers excellent visibility, established consumer demand, and durable long term retail fundamentals. Rare opportunity to acquire a vacant urban retail asset with owner user utility, lease up/investment upside, and future redevelopment potential in one of Paterson's most established neighborhood retail submarkets.
Location
State NJ
County Passaic
Zoning R3
Interior
Heating Gas-Natural, See Remarks
Cooling Central Air, See Remarks
Equipment See Remarks
Heat Source Gas-Natural, See Remarks
Exterior
Exterior Feature See Remarks
Utilities Available Gas In Street, Gas-Natural
Roof Type See Remarks
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
Read Less Info

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Listed by TRIUMPH GROUP REAL ESTATE
NEARBY SCHOOLS & PROPERTIES

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