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Listed by Mohamed Eisa Triumph Group Real Estate, LLC
$ 1,061,000
Est. payment | /mo
$ 1,061,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active Attorney Review
Purchase Type For Sale
MLS Listing ID 26012865
Style Retail
Property Sub-Type Retail
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
Interior
Heating Central Air, Gas
Nearby Locations
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Carlos "Alex" Jesus
Broker | Lic# 9798051