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Subdividable Ground-Floor Commercial Space
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587 River St, Paterson, NJ 07524

Ground-level space with ~10-ft ceilings offers flexible subdivision for retail or medical office use; no restaurants.

Property Size10,000 SF
Days on Market53

Property Features for 587 River St

General Information

Standard status Active
Size 10,000 SF
Property subtype Commercial Listing
Zoning MU
Lease Type Net

Additional Details

Highway Access Yes
Clear Height 10 ft

Building Details

Year Built 2026
Units 1
Listing Agency:
Listed By: Nicholas Real Estate
Source: Nicholasrealestate.idxbroker
Added: Jun 30 Changed: Aug 8 Last Checked: Aug 21 at 3:53AM

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 Nicholas Real Estate

Investment Insights

Based on property information with market context.

New construction slated for availability in 2026, featuring a ground-level commercial space of approximately 10,000 square feet. The layout is designed to be subdivided, with build-out options available to support a range of tenant needs. Ceiling height is approximately 10 feet. The property is suitable for a variety of professional and service uses, including retail, medical, legal, pharmacy, and office, with no restaurants allowed.

The property is located at 587 River St in Paterson, NJ. Public remarks indicate it is close to major highways, offers strong foot traffic, and is near transportation.

This configuration can work well for tenants who need street-level presence and the flexibility to right-size space within a larger ground-floor footprint. Retail users may benefit from the adaptable suite options and ground-level positioning, while medical and professional practices can align their build-out with the needs of their practice or service offering. Legal, pharmacy, and office operators should find the ceiling height and subdivision capability practical for tailoring the interior layout for their specific use.

Key Highlights

  • New construction available for 2026 ground‑level space totaling 10,000 SF
  • Space can be subdivided with build‑out options available
  • Approx. 10‑ft ceiling height

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage Tech Support Center Pet Grooming Service Nursing Home

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

10 ft
Clear height
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,508
Businesses Nearby

Demographics for 07524, NJ

14,130
Population
4,670
Households
3
Avg Household Size
33
Median Age
13%
College-Educated
73%
High-School Grad
0.8 sq mi
ZIP Area
17,663
Density / Sq Mi
$50,033
Median Household Income
$31,934
Median Earnings
$1,386
Median Rent
$360,200
Median Home Value

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Ground-level space with ~10-ft ceilings offers flexible subdivision for retail or medical office use; no restaurants.
Where is this retail space located?
The property is located at 587 River St Paterson, NJ.
What are key features of this property?
This property features: New construction available for 2026 ground‑level space totaling 10,000 SF; Space can be subdivided with build‑out options available; Approx. 10‑ft ceiling height
More about this property
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