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61 State St 131,684 SF Industrial Building Paterson, NJ 07501 For Sale
EXECUTIVE SUMMARY
Prime Commercial Space For Sale - Over 131,000 Sq. Ft. with Route 80 visibility!
Seize this rare opportunity to own a high-profile commercial property in the heart of a highly dense downtown district with unmatched visibility from Route 80. Spanning over 131,000 square feet, and located within an Opportunity Zone, this expansive space has potential for a variety of uses, including self-storage, residential conversion or warehousing.
Key Highlights:
- Prime Location: Situated in a bustling downtown area with heavy foot traffic and strong economic activity.
- Excellent Visibility: High-exposure signage directly facing Route 80, maximizing brand awareness and customer engagement.
- Expansive Space: Over 131,000 sq. ft., offering flexibility for large-scale operations or redevelopment potential.
- Strong Market Demand: Located in a densely populated city with a thriving business community and growing consumer base.
- Easy Accessibility: Convenient access to Route 80 and within 35 minutes to New York City and Newark.
Don’t miss this exceptional investment opportunity in a premier commercial corridor! Contact us today for more details or to schedule a private tour.
Seize this rare opportunity to own a high-profile commercial property in the heart of a highly dense downtown district with unmatched visibility from Route 80. Spanning over 131,000 square feet, and located within an Opportunity Zone, this expansive space has potential for a variety of uses, including self-storage, residential conversion or warehousing.
Key Highlights:
- Prime Location: Situated in a bustling downtown area with heavy foot traffic and strong economic activity.
- Excellent Visibility: High-exposure signage directly facing Route 80, maximizing brand awareness and customer engagement.
- Expansive Space: Over 131,000 sq. ft., offering flexibility for large-scale operations or redevelopment potential.
- Strong Market Demand: Located in a densely populated city with a thriving business community and growing consumer base.
- Easy Accessibility: Convenient access to Route 80 and within 35 minutes to New York City and Newark.
Don’t miss this exceptional investment opportunity in a premier commercial corridor! Contact us today for more details or to schedule a private tour.
PROPERTY FACTS
| Sale Type | Investment | No. Stories | 4 |
| Sale Condition | Sale Leaseback | Year Built | 1910 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 2 |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 1.60 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 131,684 SF | ||
| Zoning | I-1 - Light Industrial zone. | ||
| Sale Type | Investment |
| Sale Condition | Sale Leaseback |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.60 AC |
| Rentable Building Area | 131,684 SF |
| No. Stories | 4 |
| Year Built | 1910 |
| Tenancy | Single |
| No. Dock-High Doors/Loading | 2 |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | I-1 - Light Industrial zone. |
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- The Padded Wagon of New Jersey
- Transportation and Warehousing
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| The Padded Wagon of New Jersey | Transportation and Warehousing | - | - | - |
1 1
Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $13,155,565 | |
| Land Assessment | $628,000 | Total Assessment | $13,783,565 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$628,000
Improvements Assessment
$13,155,565
Total Assessment
$13,783,565
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