103 -105 N Main St new

Paterson City,NJ 07522

$ 1300000

- Bed

- Bath

6500 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,500 sqft

Price per Sqft $200

MLS Listing ID 3993040

Year Built 1970

Annual Tax Amount $21,582

Tax Year 2024

Lot Size 3,920 Sqft

Property Description

Fully operational early childhood education facility with modern classrooms and a nurturing, educational environment. Long-term lease in place with a stable tenant, offering immediate income for investors or steady cash flow for owners. Located in a high-visibility area of Paterson, offering excellent access for clients and staff. Cap Rate: 6.5%, NOI: $84,500

Location

State NJ

County Passaic

Zoning B-1

Interior

Heating Electric, Gas-Natural

Cooling 2 Units

Equipment Kitchen Area, Restrooms - Private, Smoke Detector, Sprinkler System

Exterior

Exterior Feature Brick/Block

Utilities Available Electric, Gas-Natural

Roof Type Rubberized

Building

Story 2

Sewer Public Sewer

Water Public Water

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