139-141 Wayne Ave 3,479 SF Retail Building Paterson, NJ 07502 $1,061,000 ($304.97/SF)

Strategic retail/investment opportunity in Paterson’s highly active Totowa commercial corridor, immediately west of Downtown Paterson. 139-141 Wayne Avenue consists of a 5,050 SF two-story retail building situated on a 50' x 100' lot, offered vacant at closing to provide immediate flexibility for owner-users, investors, or redevelopment-minded purchasers. Currently improved as a supermarket, the property includes existing walk-in coolers/freezers and a functional retail configuration well-suited for grocery, specialty food, discount retail, medical, or other neighborhood-serving commercial uses. Positioned within a densely populated residential trade area with strong pedestrian and vehicular traffic, the asset offers excellent visibility, established consumer demand, and durable long-term retail fundamentals. Rare opportunity to acquire a vacant urban retail asset with owner-user utility, lease-up/investment upside, and future redevelopment potential in one of Paterson’s most established neighborhood retail submarkets. Offer is contingent on authorization of the bankruptcy court.