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Investment Highlights

  • Mixed-use (Retail + Residential) Opportunity
  • Access to I-80, Routes 19 & 46

Executive Summary

±28,900 SF industrial building situated on a 0.72-acre site in Paterson’s Transit-Oriented Development (TOD) District. Single-story masonry construction with functional layout for owner-user or redevelopment play.
Key Highlights

• ±28,890 SF | ±1,800 SF office
• 3 drive-in doors (no docks)
• 14.5’–16’ clear ceiling heights
• 0.72-acre site (31,557 SF)
• Additional mezzanine storage (~4,000+ SF not in GBA)

Property Facts

Sale Type Investment or Owner User
Property Type
Industrial
  • Flex Light Manufacturing
  • Industrial Distribution
  • Industrial Manufacturing
Lot Size 0.72 AC
Rentable Building Area 28,900 SF
No. Stories 1
Year Built 1920
Tenancy Single
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 3
Opportunity Zone Yes
Zoning TOD District - • Zoned TOD District (5th Ward Redevelopment Area) • Permits: residential, retail, office, mixed-use, and more • Existing use is Industrial

Amenities

  • Mezzanine
  • Storage Space

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 28,900 SF
  • Industrial
  • Partial Build-Out
  • Jan 2027

• Well-located industrial/flex building in the heart of Paterson • Ideal for warehouse, distribution, light manufacturing, or contractor use • Strong access to regional highways and dense Northern NJ labor pool Available Space • ±28,900 square feet available • Flexible layout: warehouse + potential office buildout (±2,000 SF office feasible) • 14.5' - 16'High ceilings suitable for racking and storage

Space Size Space Use Build-Out Available
1st Floor 28,900 SF Industrial Partial Build-Out Jan 2027

1st Floor

Size
28,900 SF
Space Use
Industrial
Build-Out
Partial Build-Out
Available
Jan 2027

1st Floor

Size 28,900 SF
Space Use Industrial
Build-Out Partial Build-Out
Available Jan 2027

• Well-located industrial/flex building in the heart of Paterson • Ideal for warehouse, distribution, light manufacturing, or contractor use • Strong access to regional highways and dense Northern NJ labor pool Available Space • ±28,900 square feet available • Flexible layout: warehouse + potential office buildout (±2,000 SF office feasible) • 14.5' - 16'High ceilings suitable for racking and storage

Exceptionally walkable
100/100
Fairly drivable
40/100
Good public transit
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
08-04214-0000-00003
Land Assessment
$801,450 CAD
Improvements Assessment
$550,192 CAD
Total Assessment
$1,351,642 CAD
  • Listing ID: 40181088

  • Date on Market: 2026-04-16

  • Last Updated:

  • Address: 245 Park Ave, Paterson, NJ 07501

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