REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,300,000
Est. payment | /mo
6,500 SqFt
$ 1,300,000
Est. payment | /mo
6,500 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,500 sqft
Price per Sqft $200
MLS Listing ID 3993040
Year Built 1970
Annual Tax Amount $21,582
Tax Year 2024
Lot Size 3,920 Sqft
Property Description
Fully operational early childhood education facility with modern classrooms and a nurturing, educational environment. Long-term lease in place with a stable tenant, offering immediate income for investors or steady cash flow for owners. Located in a high-visibility area of Paterson, offering excellent access for clients and staff. Cap Rate: 6.5%, NOI: $84,500
Location
State NJ
County Passaic
Zoning B-1
Rooms
Basement Unfinished
Interior
Heating Electric, Gas-Natural
Cooling 2 Units
Equipment Kitchen Area, Restrooms - Private, Smoke Detector, Sprinkler System
Heat Source Electric, Gas-Natural
Exterior
Exterior Feature Brick/Block
Utilities Available Electric, Gas-Natural
Roof Type Rubberized
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by PROMINENT PROPERTIES SIR