This property presents a unique self-storage redevelopment opportunity with fully designed plans to transform an existing 85,617-square-foot structure into a premier Class A climate-controlled facility. The conversion will feature approximately 1,000 units totaling 53,250 net rentable square feet, offering modern amenities and operational efficiency. The site is fully entitled, with all zoning, site plan, and historic-preservation approvals secured, allowing construction to begin immediately without additional municipal review. Located in Paterson, a market characterized by high barriers to entry due to limited vacant land and stringent redevelopment controls, this asset stands out as a rare chance to establish a best-in-class storage facility in a densely populated, supply-constrained area.