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59 Broadway

Paterson City, NJ 07505
  • $1,395,000
  • STATUS: Active
  • ON SITE: 87 Days
  • ID#: 3923116
UPDATED: 24 min ago
$1,395,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,520
    SQFT
  • $164
    $/SQFT
Type:
Commercial
County:

School Ratings & Info

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!

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Daunno Realty Services, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Daunno Realty Services, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-12-07T18:46:06.093.
www.daunnorealty.com/homes/154971988
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59 Broadway Paterson City, NJ 07505

  • Price: $1,395,000
  • Status: Active
  • On Site: 87 Days
  • Updated: 24 min ago
  • ID#: 3923116
0
Beds
0
Baths
0
½ Baths
N/A
Acres
8,520
SQFT
$164
$/SQFT
County:
Passaic
Area:
Paterson City
Property 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!
Exterior Features

Approximate Lot Size 61X100 IRR. Construction Brick/Block Exterior Description Brick/Block Location Business District Number Of Bays 0 Number Of Docks 0 Parking Driveway Description NoneOff-Street Parking Roof Description Flat

Interior Features

Basement Yes Basement Description StorageUnfinishedWalkout Cooling Window A/C(s) Equipment Available See Remarks Heating See Remarks Max Ceiling Height 9 Max Door Height 0 Number Of Lavatories 3 Office Sq Ft 0

Property Features

Available Immediately For Sale Or Lease For Sale Fuel Type Gas-Natural Permitted Use Commercial Primary Property Type MixedUse Property Type Mixed Use Sale Includes Building Only Sewer Public Sewer Suite Number 59-63 Tax Amount 47068 Tax Rate Amount 4.903 Tax Rate Year 2023 Tax Year 2023 Utilities Gas-Natural Water Public Water Year Built Description Approximate Zoning B-4

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Exp Realty, Llc: 201-661-0369.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Daunno Realty Services, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Daunno Realty Services, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-12-07T18:46:06.093.
 
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Daunno Realty Services, LLC
206 Westfield Avenue
Clark NJ, 07066