SQUARE FEET5,050
MLS#4020666
STATUS
PROPERTY TYPECommercial - Business
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.
Property Features
Property Type: Commercial - Business
Cooling: Central Air, See Remarks
Fuel Type: Gas-Natural, See Remarks
Heating: Forced Hot Air, See Remarks
Lot Size: 0.11 Acres
Stories: 2.0
Taxes: $36,208
Feature Descriptions
Days on Site: 8
Lot Dimensions: 0.11 acre(s)
Max Door height: 0
Parking: None, On-Street Parking
Sewer: Public Sewer
Units: 1
Utilities: Gas In Street, Gas-Natural
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: TRIUMPH GROUP REAL ESTATE
Agency Contact: 201-482-6900
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
139 Wayne Ave | MLS# 4020666
This commercial property located at 139 Wayne Ave, Paterson, NJ 07502 is currently listed for sale with an asking price of $1,061,000. Search Paterson real estate on www.realtymark.net today.