142 Passaic St - Storefront Retail/Residential FOR SALE
Passaic, NJ 07055 |
$950,000 USD
201-868-6300
142 Passaic St
Passaic, NJ 07055
HIGHLIGHTS
- Situated in the heart of Passaic, NJ, offering excellent visibility and easy access to major thoroughfares.
- On-site or nearby parking options to accommodate visitors and residents
- Close proximity to dense residential neighborhoods and local commerce.
- Close to restaurants, shops, and community services, enhancing convenience for tenants.
OVERVIEW
Fully renovated, 100% leased three-story mixed-use property featuring new plumbing, heating, and electrical systems. The restaurant space was recently refreshed, and the driveway has new pavers. All utilities are separate. Restaurant rent has annual increases. Currently two apartments and the Commercial garage are month to month and ready for rent increases.
FOR SALE DETAILS
PRICE
$950,000 USD
PRICE/SF
$271 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Residential
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1960
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.9 AC
LAND SF
39,204 SF
ZONING
C-R
APN/PARCEL ID
07-01013-0000-00032
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201-868-6300
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201-868-6300
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