Description
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.
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0BEDS
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0.11ACRES
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0BATHS
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01/2 BATHS
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5,050SQFT
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$210$/SQFT
School Ratings & Info
Description
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.
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Data last updated 2026-06-16T10:49:20.14.