75 Prospect St Paterson, NJ 07505
This exceptional office space, located on the second floor of a historic building in downtown Paterson, New Jersey, offers a unique blend of character and modern functionality. The property encompasses approximately 3,000 square feet, strategically divided to maximize usability. A significant portion consists of a large, open room ideal for collaborative work or expansive layouts, complemented by two additional, smaller private offices situated at the rear of the building. This configuration provides flexibility for various business needs, accommodating both open-plan and private work environments. The unit includes dedicated men's and women's restrooms for the convenience of occupants and their clients. Situated on a 0.08-acre lot, the building benefits from a prominent downtown location, offering excellent visibility and accessibility. The property is priced at $1850 per month, representing a compelling opportunity for businesses seeking a well-appointed and historically significant office space in a vibrant urban setting. The building's historical context adds a unique charm, while the functional layout ensures practical and efficient operations. This is an ideal location for businesses seeking a blend of prestige and practicality in a thriving downtown area. The spacious layout and convenient amenities make this property a highly attractive option for a variety of businesses.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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