203 Market St, Paterson City, NJ 07505
$1,300,000
Est. payment /mo
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13,107 SqFt
New

203 Market St Paterson City, NJ 07505

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 13,107 sqft

Price per Sqft $99

MLS Listing ID 4042466

Year Built 1900

Annual Tax Amount $59,917

Tax Year 2025

Lot Size 6,098 Sqft

Property Sub-Type Mixed Use

Property Description

Rare mixed-use investment and owner-user opportunity located along Market Street, one of Paterson's primary commercial corridors. The property consists of an approximately 13,107-square-foot, three-story commercial building situated on a 6,095-square-foot lot within the B-4 zoning district.The building features an occupied approximately 5,100-square-foot ground-floor furniture store and two upper-level office floors measuring approximately 3,500 square feet each. In addition to the stated building area, the property includes approximately 5,100 square feet of below-grade storage space, which is not included in the reported 13,107-square-foot building size.The property offers flexible floor layouts, interior column spacing, abundant windows, strong natural light and ceiling heights of approximately 12 to 13 feet. Additional features include approximately seven to eight rear parking spaces, a roof reported to be in good condition and prominent frontage along a highly visible downtown commercial corridor.The combination of existing retail income, available upper-level space and substantial below-grade storage makes the property well suited for an investor, owner-user or business seeking a flexible commercial asset in the heart of Paterson.

Location

State NJ

County Passaic

Zoning B-4 CBD

Rooms

Basement Finished

Interior

Heating Gas-Natural

Cooling 3 Units, See Remarks, Window A/C(s)

Flooring Wood

Equipment Fixtures, Restrooms - Private, See Remarks, Sign - Building, Sprinkler System, Storage Area(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Concrete

Utilities Available Electric, Gas-Natural, See Remarks

Roof Type Flat

Building

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple


Garden State MLS(GSMLS)
Listed by KELLER WILLIAMS PARK VIEWS

NEARBY SCHOOL & BUSINESS

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Jason Hirkaler

Jason Hirkaler

Licensed Realtor | License ID: L1536579

+1(561) 929-7064

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203 Market St