199–201 Market Street is an inline mixed-use building located in the heart of Downtown Paterson, New Jersey. The property totals approximately 14,661 square feet and is situated along Market Street, one of the city’s primary commercial corridors, benefiting from strong vehicular traffic and dense surrounding retail activity.
The building is currently occupied by a mix of local retail and restaurant tenants, including Club Caribe, Classic Furniture, and Tijuana Bar & Grill, providing in-place income within a vibrant urban setting. Zoned B-4 Central Business District, the property offers flexibility for a range of commercial and mixed-use applications.
Surrounded by national and regional retailers such as Dunkin’, Marshalls, Chase, and Popeyes, the asset is well-positioned within an established retail node. The area is supported by strong traffic counts and a sizable residential population, with over 136,000 residents within a 1.5-mile radius. This offering presents an opportunity to acquire a prime urban mixed-use asset in a high-density, walkable downtown location.