203 Market St, Paterson City, NJ 07505

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.