$1,395,000 - 59-63 Broadway, Paterson City
- -
- Bedrooms
- -
- Baths
- 8,520
- SQ. Feet
- N/A
- Year Built
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!
Essential Information
-
- MLS® #:
- 3923116
-
- Price:
- $1,395,000
-
- Square Footage:
- 8,520
-
- Acres:
- 0.00
-
- Type:
- Commercial
-
- Status:
- Active
Community Information
-
- Address:
- 59-63 Broadway
-
- City:
- Paterson City
-
- County:
- Passaic
-
- State:
- NJ
-
- Zip Code:
- 07505-1106
Amenities
-
- Utilities:
- Gas-Natural
-
- Parking:
- None, Off-Street Parking
Interior
-
- Heating:
- Gas-Natural
-
- # of Stories:
- 2
Exterior
-
- Exterior:
- Brick
-
- Roof:
- Flat
Additional Information
-
- Date Listed:
- September 9th, 2024
-
- Days on Market:
- 127
-
- Zoning:
- B-4
Listing Details
- Listing Office:
- Exp Realty, Llc