170 Main Ave 4,600 SF 100% Leased Retail Building Passaic, NJ 07055 $1,999,999 ($434.78/SF)
INVESTMENT HIGHLIGHTS
- . Conveniently located near schools, restaurants & worship.
- Near All major Highways: Route 3,17,21,23,46,80 & Garden State Pkw. Bus on Corner & Train.
EXECUTIVE SUMMARY
Location, Location,Location" Commercial building with apartments, Parking lot and House of Worship. 1st Floor has a Doctors office with Lobby &
approx 6 offices-Excellent for professional or Commercial office. Features: 2nd Floor -1 & 1/2 BedRoom LivRm, Kit & Bath. Other apartment is a coldwater flat Not
seen (Vacant). 3rd Floor Available unseen (Not rented) Vacant. Owner pays water & Tenants pay heat & electricity. Oversized Basement not finished. (2nd Building)
to the right is a rented Renovated Clean & Bright place of Worship & the Lease expires Dec 2025. Central Air on 1st Floor. Heat Source is ( Natural gas). The Back
Parking lot is very big ( Approx 10 cars or more). Air Shaft between Buildings. Located in the Heart of Passaic Park. Survey & other Disclosures Available upon
Request. Buyers will purchase the Property with Tenants & can evaluate their opinion with Tenants after purchase. Decommission tank being removed by Seller.
Buyer is responsible for the payment and certificate of occupancy and Smoke. Bus on Corner & Train On Passaic Ave or Delawanna.
approx 6 offices-Excellent for professional or Commercial office. Features: 2nd Floor -1 & 1/2 BedRoom LivRm, Kit & Bath. Other apartment is a coldwater flat Not
seen (Vacant). 3rd Floor Available unseen (Not rented) Vacant. Owner pays water & Tenants pay heat & electricity. Oversized Basement not finished. (2nd Building)
to the right is a rented Renovated Clean & Bright place of Worship & the Lease expires Dec 2025. Central Air on 1st Floor. Heat Source is ( Natural gas). The Back
Parking lot is very big ( Approx 10 cars or more). Air Shaft between Buildings. Located in the Heart of Passaic Park. Survey & other Disclosures Available upon
Request. Buyers will purchase the Property with Tenants & can evaluate their opinion with Tenants after purchase. Decommission tank being removed by Seller.
Buyer is responsible for the payment and certificate of occupancy and Smoke. Bus on Corner & Train On Passaic Ave or Delawanna.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,600 SF
Building Class
C
Year Built
1980
Price
$1,999,999
Price Per SF
$434.78
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.88
Lot Size
0.12 AC
Zoning
C-R
Parking
5 Spaces (1.25 Spaces per 1,000 SF Leased)
Frontage
37’ on Main Ave
AMENITIES
- Bus Line
- Freeway Visibility
- Signage
Walk Score®
Very Walkable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 07-01290-02-00001 | Improvements Assessment | $204,300 |
| Land Assessment | $170,300 | Total Assessment | $374,600 |
