Passaic NJ complex situated on a square block totaling a 100,000 SF building

Description:

Here is an opportunity to acquire a Passaic NJ complex situated on a square block totaling a 100,000 SF building with a 600+ car parking garage, in the Central Business District (CBD) located in Downtown Passaic, NJ.

The property located at 657 Main Avenue on the signalized intersection of Broadway and Main Avenue is a 7-story building totaling 70,000 SF along with an attached 2-story building containing 30,000 SF featuring a ground level bank and A+ tenants and a 6-story 600 + car parking lot.

The property offers a unique opportunity for investors looking to capitalize on the growing demand in the Central Business District of Passaic, NJ. The complex can be utilized for retail malls, rehabilitation / medical care, medical laboratories, higher education, schools, office and multifamily conversion, etc. due to the ample parking provided onsite.




• 2-Story strip Retail / Office Building consists of 30,000 SF.

• 7-story Elevator Building consists of 70,000 SF. with Direct Access to Parking Deck

• 6-Story 600+ Car Parking Garage

• Located in Downtown Redevelopment Zone

• Urban Enterprise Zone (UEZ)

• Close Proximity to NJ-21 (Exit 11)