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205 Madison St 24,000 SF Specialty Building Offered at $5,411,133 CAD in Passaic, NJ 07055
Investment Highlights
- HEAVY FOOT TRAFFIC
- PRIME LOCATION
- CORNER LOT
Executive Summary
Exceptional Corner Commercial Property | ±24,000 SF | Private Parking | Elevator Access | PRIME LOCATION
Rare opportunity to acquire a one-of-a-kind, approximately 24,000 SQFT commercial property
The property offers a versatile layout suitable for owner-user occupancy, investment, or redevelopment
* Approximately 24,000 SF of total building area
* Two commercial spaces on the first floor, one currently as a day care, the other offering excellent flexibility for retail, service, or other commercial uses - Also part of 1st fl is a large Gymnasium for additional potential.
* Second-floor office endless space! It is suitable for professional or administrative use or Redevelopement opportunity
* Large basement providing substantial additional storage and utility space
* Elevator access serving all floors
* Private parking lot with approximately 40 parking spaces
* Prominent corner location with excellent visibility and accessibility
The property’s size, layout, parking capacity, and multi-level configuration make it exceptionally versatile for a wide range of commercial uses. Whether utilized for private business operations, multiple commercial tenants, or future redevelopment. This property presents an opportunity rarely available in the Passaic market.
Ideal for an owner-user, investor, or developer seeking a substantial commercial property with significant potential.
Rare opportunity to acquire a one-of-a-kind, approximately 24,000 SQFT commercial property
The property offers a versatile layout suitable for owner-user occupancy, investment, or redevelopment
* Approximately 24,000 SF of total building area
* Two commercial spaces on the first floor, one currently as a day care, the other offering excellent flexibility for retail, service, or other commercial uses - Also part of 1st fl is a large Gymnasium for additional potential.
* Second-floor office endless space! It is suitable for professional or administrative use or Redevelopement opportunity
* Large basement providing substantial additional storage and utility space
* Elevator access serving all floors
* Private parking lot with approximately 40 parking spaces
* Prominent corner location with excellent visibility and accessibility
The property’s size, layout, parking capacity, and multi-level configuration make it exceptionally versatile for a wide range of commercial uses. Whether utilized for private business operations, multiple commercial tenants, or future redevelopment. This property presents an opportunity rarely available in the Passaic market.
Ideal for an owner-user, investor, or developer seeking a substantial commercial property with significant potential.
Property Facts
| Price | $5,411,133 CAD | Building Size | 24,000 SF |
| Price Per SF | $225.46 CAD | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built | 1900 |
| Property Type | Specialty | Opportunity Zone |
Yes
|
| Price | $5,411,133 CAD |
| Price Per SF | $225.46 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Building Size | 24,000 SF |
| No. Stories | 2 |
| Year Built | 1900 |
| Opportunity Zone |
Yes |
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Exceptionally walkable
100/100
Fairly drivable
40/100
Good public transit
70/100
Fairly bikeable
50/100
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205 Madison St
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