898 Main Ave - Storefront Retail/Residential FOR SALE


Passaic, NJ 07055
$1,990,000 USD
201-917-5884
898 Main Ave, Passaic, NJ for Sale
$1,990,000 USD
Storefront Retail/Residential - FOR SALE
1/15
null | 6.4% Cap Rate

898 Main Ave
Passaic, NJ 07055


HIGHLIGHTS

  • 8-Unit Mixed-Use Property with 7 Apartments + 1 Retail Unit
  • 6,794 SF Building on a 3,960 SF Lot
  • C-R Zoning supporting mixed commercial and residential use
  • Prime Main Avenue Frontage with strong visibility
  • Dense Surrounding Population with over 67,000 residents within 1 mile
  • Established Passaic Retail Corridor surrounded by retailers, restaurants, and neighborhood amenities

OVERVIEW

898 Main Ave in Passaic, NJ is a well-positioned mixed-use property offering a diversified combination of residential and commercial space along one of the city’s primary corridors. The property consists of 8 total units, including 7 residential apartments and 1 ground-floor retail unit, within a 6,794 SF building situated on a 3,960 SF lot. The asset benefits from C-R zoning, prominent Main Avenue frontage, and strong visibility in a densely populated urban market. Its location places it near a wide range of neighborhood businesses, national retailers, restaurants, and everyday services, helping support both residential demand and commercial activity. With an established mixed-use configuration, multiple income-producing components, and a central Passaic location, the property offers investors the opportunity to acquire a substantial asset in a highly active residential and retail environment.

FOR SALE DETAILS

PRICE

$1,990,000 USD

PRICE/SF

$288 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime 8-Unit Mixed-Use Investment in Passaic

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,964 SF

ZONING

C-R, Passaic City.

APN/PARCEL ID

07-04106-01-00016

ASK ABOUT THIS PROPERTY

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