




Listed By CENTURY 21 Gemini LLC
The Commercial Property for Sale located at 119 W Broadway, Paterson, New Jersey 07522 is currently for sale. 119 W Broadway, Paterson, New Jersey 07522 is listed for $725,000.
$725,000 USD
Commercial for Sale, 119 W Broadway, Paterson, New Jersey 07522
- MLS#3964696
Property features
Construction
- Basement and foundation: Unfinished
- Exterior: Vinyl Siding
Interior Features
- Floors: HardwoodTileLinoleum
Heating and Cooling
- Heating system: BaseboardGas
Utilities
- Other utilities: Public SewerMunicipal Water
Description
Amazing Mixed-Use Investment Opportunity in the Heart of Downtown Paterson!This well-maintained mixed-use property offers strong cash flow and an impressive 8% cap rate, making it ideal for both investors and owner-occupants. Ground Floor: Fully operational bar/liquor store, generating steady commercial income. First Floor Apartment: Recently updated with a spacious living room, modern kitchen, 2 generously sized bedrooms, and a full bathroom Second Floor Apartment: Features a large living room, kitchen, 2 bedrooms, a full bathroom, plus a bonus finished attic with an additional full bathroomKey Upgrades: New Roof, Tankless energy-efficient hot water heater ,Baseboard heating Located in a high-traffic area of downtown Paterson, close to transit, shops, and restaurants. This is a rare chance to own a high-yielding, turn-key asset in a growing market
Location
119 W Broadway, Paterson, New Jersey 07522