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189 Monroe St 15,000 SF Industrial Building Passaic, NJ 07055 $1,499,900 ($99.99/SF)



INVESTMENT HIGHLIGHTS
- Close to major Highways
- Open floor plans
EXECUTIVE SUMMARY
Exceptional 2-Story Retail/Residential Building – A Rare Opportunity with Limitless Potential!
Welcome to this expansive commercial property offering approximately 10,000 sq. ft. plus basement in the heart of Passaic. Zoned RC, this prime location presents endless possibilities for retail, wholesale, distribution, or mixed-use development.
Property Features:
First Floor: 5,000 sq. ft. of open retail space, currently owner-occupied.
Second Floor: 5,000 sq. ft. presently used for storage but ideal for conversion into multiple residential apartments or offices.
Basement Level: A full 5,000 sq. ft. with high ceilings—perfect for storage, inventory management, or auxiliary business operations.
Parking & Logistics:
Includes a 16x100 ft. bonus lot on Hope Avenue with rear access for deliveries, parking, or logistics—providing valuable operational efficiency.
Additional Highlights:
Prime high-traffic location just one block from Route 21, offering maximum visibility and accessibility.
Fully equipped with a sprinkler system on all levels for enhanced safety.
Roof replaced in 2021—worry-free ownership for years to come.
This rare commercial offering combines versatility, location, and scale—making it an outstanding investment or business opportunity.
Welcome to this expansive commercial property offering approximately 10,000 sq. ft. plus basement in the heart of Passaic. Zoned RC, this prime location presents endless possibilities for retail, wholesale, distribution, or mixed-use development.
Property Features:
First Floor: 5,000 sq. ft. of open retail space, currently owner-occupied.
Second Floor: 5,000 sq. ft. presently used for storage but ideal for conversion into multiple residential apartments or offices.
Basement Level: A full 5,000 sq. ft. with high ceilings—perfect for storage, inventory management, or auxiliary business operations.
Parking & Logistics:
Includes a 16x100 ft. bonus lot on Hope Avenue with rear access for deliveries, parking, or logistics—providing valuable operational efficiency.
Additional Highlights:
Prime high-traffic location just one block from Route 21, offering maximum visibility and accessibility.
Fully equipped with a sprinkler system on all levels for enhanced safety.
Roof replaced in 2021—worry-free ownership for years to come.
This rare commercial offering combines versatility, location, and scale—making it an outstanding investment or business opportunity.
PROPERTY FACTS
| Price | $1,499,900 | Rentable Building Area | 15,000 SF |
| Price Per SF | $99.99 | No. Stories | 3 |
| Sale Type | Investment or Owner User | Year Built | 1945 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Clear Ceiling Height | 11’ |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.15 AC | ||
| Zoning | Commercial - 189 Monroe Street: C-R (Commercial/Residential) Vacant Lot: R-3 (MF Residential) | ||
| Price | $1,499,900 |
| Price Per SF | $99.99 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.15 AC |
| Rentable Building Area | 15,000 SF |
| No. Stories | 3 |
| Year Built | 1945 |
| Tenancy | Single |
| Clear Ceiling Height | 11’ |
| Opportunity Zone |
Yes |
| Zoning | Commercial - 189 Monroe Street: C-R (Commercial/Residential) Vacant Lot: R-3 (MF Residential) |
AMENITIES
- Fenced Lot
- Air Conditioning
UTILITIES
- Water - City
- Sewer - City
- Heating - Oil (Steam)
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Walk Score®
Walker's Paradise (91)
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189 Monroe St
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