199-205 Madison St - Office FOR SALE


Passaic, NJ 07055
$3,900,000 USD
973-725-3778
199-205 Madison St, Passaic, NJ for Sale
$3,900,000 USD
Office - FOR SALE
1/16
null | Request Cap Rate

Oct '26


199-205 Madison St
Passaic, NJ 07055


HIGHLIGHTS

  • HEAVY FOOT TRAFFIC
  • CORNER LOT
  • PRIME LOCATION

OVERVIEW

Exceptional Corner Commercial Property | ±24,000 SF | Private Parking | Elevator Access | PRIME LOCATION Rare opportunity to acquire a one-of-a-kind, approximately 24,000 SQFT commercial property The property offers a versatile layout suitable for owner-user occupancy, investment, or redevelopment * Approximately 24,000 SF of total building area * Two commercial spaces on the first floor, one currently as a day care, the other offering excellent flexibility for retail, service, or other commercial uses - Also part of 1st fl is a large Gymnasium for additional potential. * Second-floor office endless space! It is suitable for professional or administrative use or Redevelopement opportunity * Large basement providing substantial additional storage and utility space * Elevator access serving all floors * Private parking lot with approximately 40 parking spaces * Prominent corner location with excellent visibility and accessibility The property’s size, layout, parking capacity, and multi-level configuration make it exceptionally versatile for a wide range of commercial uses. Whether utilized for private business operations, multiple commercial tenants, or future redevelopment. This property presents an opportunity rarely available in the Passaic market. Ideal for an owner-user, investor, or developer seeking a substantial commercial property with significant potential.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$163 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,757 SF

ZONING

C

APN/PARCEL ID

07-04128-0000-00010

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.