171-181 Market Street, known as The Smith Building, is a landmark mixed-use asset located within Downtown Paterson's primary commercial corridor. Positioned along Market Street, the property benefits from a highly visible location surrounded by retail businesses, service providers, public institutions, transportation options, and established residential neighborhoods. Its central downtown setting provides direct access to the commercial activity that defines Paterson's urban core. The property encompasses approximately 119,736 square feet within a historic four-story structure originally constructed in 1904. Available marketing materials indicate a diverse tenant base that includes retail, restaurant, personal service, childcare, healthcare, and office-oriented uses. This variety of occupants contributes to activity throughout the building while supporting multiple revenue streams within a single asset.