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Open Storefront Retail Space
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5 Smith St, Paterson, NJ 07505

Flexible commercial layout with approved construction plans available for review.

Property Size1,245 SF
Price / SF$2.41
Days on Market35

Property Features for 5 Smith St

General Information

Standard status Active
Size 1,245 SF

Building Details

Year Built 1931
Listing Agency: EXP REALTY, LLC
Listed By: DAVID H VANEGAS · License #280293
Source: Luminancerealty
Added: Jul 27 Changed: Aug 29 Last Checked: Aug 29 at 8:29PM

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 EXP REALTY, LLC

Investment Insights

Based on property information with market context.

This storefront property contains approximately 1,245 square feet of open commercial space, providing a blank interior for a customized build-out. Approved construction plans are available, and the building dates to 1931.

The property is positioned across from the Paterson Center City Mall within Paterson’s commercial district. Established businesses, shopping, restaurants, pedestrian activity, vehicle traffic, and public transportation are all identified in the surrounding setting. The space can accommodate a range of commercial concepts, including retail, office, salon, café, or studio use, subject to applicable approvals.

Key Highlights

  • Approximately 1,245 square feet of open commercial space
  • Across the street from Paterson Center City Mall
  • Approved construction plans available in the MLS media section

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Law Firm Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Tech Support Center

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

Location Intelligence

Trade Area within ½ mile

1,375
Businesses Nearby
79k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 71% Apparel 20% Groceries 9%
Dollar Tree Shops & Services
27,068 visits/mo 0.4 miles
Wells Fargo Shops & Services
9,843 visits/mo 0.2 miles
Dollar General Shops & Services
9,288 visits/mo 0.2 miles
Mandee Apparel
7,832 visits/mo 0.5 miles
Family Dollar Shops & Services
7,197 visits/mo 0.5 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Flexible commercial layout with approved construction plans available for review.
Where is this storefront property located?
The property is located at 5 Smith St Paterson, NJ.
What are key features of this property?
This property features: Approximately 1,245 square feet of open commercial space; Across the street from Paterson Center City Mall; Approved construction plans available in the MLS media section
More about this property
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