$725,000 - 119 W Broadway, Paterson City
- -
- Bedrooms
- -
- Baths
- N/A
- SQ. Feet
- 0.04
- Acres
Amazing Mixed-Use Investment Opportunity in the Heart of Downtown Paterson!This well-maintained mixed-use property offers strong cash flow and an impressive 8% cap rate, making it ideal for both investors and owner-occupants. Ground Floor: Fully operational bar/liquor store, generating steady commercial income. First Floor Apartment: Recently updated with a spacious living room, modern kitchen, 2 generously sized bedrooms, and a full bathroom Second Floor Apartment: Features a large living room, kitchen, 2 bedrooms, a full bathroom, plus a bonus finished attic with an additional full bathroomKey Upgrades: New Roof, Tankless energy-efficient hot water heater ,Baseboard heating Located in a high-traffic area of downtown Paterson, close to transit, shops, and restaurants. This is a rare chance to own a high-yielding, turn-key asset in a growing market
Essential Information
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- MLS® #:
- 3964696
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- Price:
- $725,000
-
- Acres:
- 0.04
-
- Year Built:
- 9999
-
- Type:
- Commercial
-
- Status:
- Active
Community Information
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- Address:
- 119 W Broadway
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- City:
- Paterson City
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- County:
- Passaic
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- State:
- NJ
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- Zip Code:
- 07522-2073
Amenities
-
- Utilities:
- Gas In Street
-
- Parking:
- None
Interior
-
- Heating:
- Gas-Natural
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- # of Stories:
- 3
Exterior
-
- Exterior:
- Vinyl Siding
-
- Lot Description:
- Level Lot
-
- Roof:
- Flat
Additional Information
-
- Date Listed:
- May 21st, 2025
-
- Days on Market:
- 45
-
- Zoning:
- Commercial
Listing Details
- Listing Office:
- C-21 Gemini, Llc.