Strategic retail/investment opportunity in Paterson's highly active Totowa commercial corridor, immediately west of Downtown Paterson. This property consists of a 5,050 SF two-story retail building situated on a 50' x 101' lot, offered vacant at closing to provide immediate flexibility for owner users, investors, or purchasers interested in redevelopment. Currently operating as a supermarket, the property includes existing walk-in coolers/freezers and a functional retail layout well suited for grocery, specialty food, discount retail, medical, or other neighborhood serving commercial uses. Located in a densely populated residential trade area with strong pedestrian and vehicular traffic, the asset offers excellent visibility, established consumer demand, and durable long term retail fundamentals. Rare opportunity to acquire a vacant urban retail asset with owner user utility, lease up/investment upside, and future redevelopment potential in one of Paterson's most established neighborhood retail submarkets.
139 Wayne Ave, Paterson City NJ 07502-2128
Property City
Paterson City
Property Price
$1,061,000
Year Built
0
Tax Annual Amount
$36208
TaxYear (*text)
2025
Roof (*text)
See Remarks
Lot Size Area
0.11
MLS Status
Active
MLS #
4020666
Yearly Tax Rate
5.335
Year Built (*numeric)
0
Basement
No
Roofing (*text)
See Remarks
Days On Market
0
Basement (*text)
No
Cooling (*text)
Central Air, See Remarks
Heating
Forced Hot Air, See Remarks
Lot Size Dimensions
50X101
Data import from
GSMLS