Welcome to 237-251 Market Street, a 22,232-square-foot commercial retail center in the heart of Downtown Paterson, New Jersey. The center is prominently located on the corner of Market Street and Memorial Drive, with a 95-space parking lot in the rear. This multi-tenant building has a quality mix of tenants, including three national fast-food franchises (Dunkin', Popeyes Chicken, and a former Burger King now a Pica Pollo), Rent-A-Center, a jewelry store, and local professional/ medical offices. The property has excellent visibility and a convenient drive-through parking lot connecting two of the three cross streets (Memorial Drive and 16th Avenue). Added benefits include being directly across the Street from a bus line and the only Downtown Paterson Central NJ Transit train station. Paterson is approximately 22 miles east of New York City, or a 45-minute drive via the Garden State Parkway. Interstate 80 cuts east-west across the city, and Route 19 cuts north-south. Buses are a prevalent way to get around, and many neighborhoods are lined with stops. Part of Paterson’s urban fabric is the preponderance of sidewalks in neighborhoods, making walkability another standout feature of the city. Paterson offers affordability and a good quality of life for its residents. The 5-mile realm surrounding 237-251 Market Street has a growing population of 538,053 residents, generating a robust consumer spending power of $5.9 billion annually. This is a stable realm, with the average household income surpassing $105,100. Entertainment, hobbies, and pets, as well as transportation and maintenance, generate more than $1 billion in specified consumer spending, with households close behind generating over $9 million.