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Investment Highlights

  • HEAVY TRAFFIC
  • CORNER LOT

Executive Summary

Prime Corner Automotive Property! Exceptional opportunity to acquire a fully licensed auto property situated on two lots totaling approximately 15,681 SF (0.34 acres) in a highly visible corner location. The property features approx 7,500 SF two-story building designed to accommodate a variety of uses. The first floor consists of approx. 4400sqft currently serves as an automotive operation, offering a reception/waiting area, and garage with two drive-in doors providing convenient access for mechanic, repair, and service work. The layout is ideal for automotive users seeking a turnkey facility with existing Auto Dealer, Body Shop, and Mechanic licenses included. The second floor features a separate entrance and offers a large modern open-concept space complete with private offices, a kitchenette area, and full bathroom This flexible layout of approx. 3100sqft presents an excellent opportunity for additional rental income from a separate tenant or can serve as administrative, showroom, storage, or expanded operational space for an owner-occupant - complete with central A/C and Forced heat.. Property Lot is Gated for privacy. Convenient access to Routes 80, 19, 20, 21, 46, and GSP.. Ideal for operators, investors, or business owners seeking a highly visible, income-producing property with multiple revenue streams and excellent highway accessibility.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
7,500 SF
Building Class
C
Year Built
1950
Price
$1,900,000
Price Per SF
$253.33
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.54
Lot Size
0.32 AC
Zoning
MU
Frontage
84’ on MARKET ST

Amenities

  • Signage
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
40/100

Nearby Major Retailers

Key Food
PNC Bank
CTown
Planet Fitness
Chase Bank

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 08-07912-0000-00010
  • 08-07912-0000-00009
Land Assessment
$249,100
Improvements Assessment
$580,100
Total Assessment
$829,200
  • Listing ID: 40879486

  • Date on Market: 6/11/2026

  • Last Updated:

  • Address: 1045 Market St, Paterson, NJ 07513

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