137 Ellison St - Office FOR SALE


Paterson, NJ 07505- Downtown Paterson
$3,500,000 USD
973-725-3778
137 Ellison St, Paterson, NJ for Sale
$3,500,000 USD
Office - FOR SALE
1/5
null | Request Cap Rate

Jul '29


137 Ellison St
Paterson, NJ 07505
Downtown Paterson


OVERVIEW

APPROX 9% CASH ON CASH CAP BUILDING! NEED A 1031 EXCHANGE? LOOKING FOR INVESTMENT, OR LOOKING TO RUN YOUR OWN SCHOOL. 28,524 SQFT BUILDING CURRENTLY FULLY RENTED. 15 CLASSROOMS, 2 CAFETERIAS. LOCATED IN THE CENTER OF TOWN NEAR CITY HALL, NEAR PUBLIC SAFETY BUILDING, PASSAIC COUNTY COMMUNITY COLLEGE, PUBLIC PARKING. NEAR MASS TRANSIT, BUS STOP AT CORNER. 1/2 BLOCK FROM TRAIN. CLOSE TO ALL MAJOR HIGHWAYS RT 19,20,3,80,46, & PARKWAY. TENANTS IN PLACE UNTIL 2029 -

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$123 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

SCHOOL

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

B-4, Paterson

APN/PARCEL ID

08-04407-0000-00018

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.