1045 Market St - Auto Dealership FOR SALE


Paterson, NJ 07513- Eastside
$1,900,000 USD
973-725-3778
1045 Market St, Paterson, NJ for Sale
$1,900,000 USD
Auto Dealership - FOR SALE
1/8
null | Request Cap Rate

1045 Market St
Paterson, NJ 07513
Eastside


HIGHLIGHTS

  • HEAVY TRAFFIC
  • CORNER LOT

OVERVIEW

Prime Corner Automotive Property! Exceptional opportunity to acquire a fully licensed auto property situated on two lots totaling approximately 15,681 SF (0.34 acres) in a highly visible corner location. The property features approx 7,500 SF two-story building designed to accommodate a variety of uses. The first floor consists of approx. 4400sqft currently serves as an automotive operation, offering a reception/waiting area, and garage with two drive-in doors providing convenient access for mechanic, repair, and service work. The layout is ideal for automotive users seeking a turnkey facility with existing Auto Dealer, Body Shop, and Mechanic licenses included. The second floor features a separate entrance and offers a large modern open-concept space complete with private offices, a kitchenette area, and full bathroom This flexible layout of approx. 3100sqft presents an excellent opportunity for additional rental income from a separate tenant or can serve as administrative, showroom, storage, or expanded operational space for an owner-occupant - complete with central A/C and Forced heat.. Property Lot is Gated for privacy. Convenient access to Routes 80, 19, 20, 21, 46, and GSP.. Ideal for operators, investors, or business owners seeking a highly visible, income-producing property with multiple revenue streams and excellent highway accessibility.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$306 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,983 SF

ZONING

MU

APN/PARCEL ID

08-07912-0000-00009,08-07912-0000-00010

ASK ABOUT THIS PROPERTY

Nicholas TselepisNicholas Real EstateMore Info
973-725-3778

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Nicholas TselepisNicholas Real EstateMore Info
973-725-3778

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.