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

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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.

PROPERTY FACTS

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)
Walk Score®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 35933173

  • Date on Market: 5/21/2025

  • Last Updated:

  • Address: 189 Monroe St, Passaic, NJ 07055

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