• 76 Broadway, Passaic, NJ 07055

For Sale

Retail

For Sale

This property is available for sale
0.11
Acres
$985,000
Sale Price
  • Total Building Size
    2,556 RSF
  • Overview

    Opportunity Knocks! This 3 tenant retail property on Broadway in the heart of
    Passaic, a town that is rapidly growing with re-development opportunities as
    demographics shift, residential increases and businesses grow Stable rents from
    long term tenants support this property with positive cash flow. The property
    highlights 15 parking spaces in rear along with street parking and has close
    proximity to public transportation. Wonderful value-add property suggests addition
    of 1-2 floors resulting in residential and/or mixed use development.

Contact or Call

Property Details

Retail For Sale

Opportunity Knocks! This 3 tenant retail property on Broadway in the heart of
Passaic, a town that is rapidly growing with re-development opportunities as
demographics shift, residential increases and businesses grow Stable rents from
long term tenants support this property with positive cash flow. The property
highlights 15 parking spaces in rear along with street parking and has close
proximity to public transportation. Wonderful value-add property suggests addition
of 1-2 floors resulting in residential and/or mixed use development.

  • Property Type
    Retail
  • Submarket
  • Sale Price
    $985,000
  • Total Building Size
    2,556RSF
  • Total Acres
    0.11
  • Cap Rate
    4.0%
  • Property ID
    2090082

Landlord's Sales Representatives

  • Gina M. Palumbo
    Tru Agent Real Estate
     
  • Kenneth Woetzel
    Tru Agent Real Estate