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Three-Story Mixed-Use Building
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228-232 Main Street, Paterson, NJ 07505

Vacant commercial building with retail, office, and school-space configurations plus residential conversion permitted by current zoning.

Property Size27,750 SF
Days on Market143

Property Features for 228-232 Main Street

General Information

Standard status Active
Size 27,750 SF
Property subtype Retail

Building Details

Buildings 1
Stories 3
Tenancy Multi
Listing Agency: Besen Partners
Listed By: Ronald H. Cohen · License #NY 40CO0983987
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 5:50PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Besen Partners

Investment Insights

Based on property information with market context.

This three-story mixed-use commercial building contains approximately 27,750 SF, including a 5,000± SF basement. The ground floor provides 10,000± SF of retail area, while the second and third floors offer 10,000± SF and 7,750± SF, respectively, configured for office or school use. Separate upper-floor access is positioned beside the storefront.

The property is located at 228-232 Main Street in Paterson, New Jersey, on the west side of Main Street between Ellison Street and Market Street. The Paterson Jersey Transit train station is within four blocks. Delivery is planned vacant at closing. Current zoning permits residential conversion, subject to modifications that may be required because of the building’s age, and the buildings have 50,000± total buildable SF as-of-right.

Key Highlights

  • 27,750± SF three‑story commercial building with a 5,000± SF basement
  • 10,000± SF ground‑floor retail area
  • Second floor includes 10,000± SF of office or school space

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Nursing Home Pet Grooming Service Catering Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,364
Businesses Nearby

Demographics for 07505, NJ

3,215
Population
1,692
Households
1.9
Avg Household Size
38
Median Age
12%
College-Educated
71%
High-School Grad
0.2 sq mi
ZIP Area
16,075
Density / Sq Mi
$33,311
Median Household Income
$33,520
Median Earnings
$1,113
Median Rent

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Vacant commercial building with retail, office, and school-space configurations plus residential conversion permitted by current zoning.
Where is this mixed-use property located?
The property is located at 228-232 Main Street Paterson, NJ.
What are key features of this property?
This property features: 27,750± SF three‑story commercial building with a 5,000± SF basement; 10,000± SF ground‑floor retail area; Second floor includes 10,000± SF of office or school space
(917) 533-8905 Call to check price and availability
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