544 STRAIGHT STREET, PATERSON, NJ

544 STRAIGHT STREET, PATERSON, NJ

10,200 SF

$2,250,000

Available

544 STRAIGHT STREET, PATERSON, NJ

Property Details

554 Straight Street offers a unique investment opportunity to investors and owner-users alike, as the property is currently broken up into 3 separate units with their own utilities and can be delivered vacant at closing. All 3 units have their access points and drive in doors with frontage on Straight Street & Washington Ave.

The building is currently utilized for automotive and warehouse use and has been under the same ownership since 2001.

554 Straight Street is located along Hospital Plaza in the Area 11 Redevelopment Zone among many new development projects and within close proximity to Route 80 & Route 19.

Agent info

Jason Trembicki

Commercial Real Estate Broker

Asking Price

$2,250,000

Cap Rate

7.32%

Gross Income

Net Income

$164,800

About the Neighborhood

Interested in this property?

Use the contact form below to get in touch with an agent today.