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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

19 Broadway Passaic, NJ 07055

20,000 SF Built 1920
Property ID
Property summary
AI-generated overview

This exceptional 1,700 square foot commercial space is ideally situated on Broadway Avenue in Passaic's vibrant business district, offering unparalleled visibility and accessibility. Built in 1920 and renovated in 2019, this single-tenant property resides within a larger three-story building encompassing 20,000 square feet. The space boasts a versatile layout featuring two spacious private offices, a dedicated cashier/break room, and one restroom. One designated employee parking space is included, with ample street parking and a nearby parking garage providing additional convenience for clients and staff. The property benefits from its location on a high-traffic corridor, ensuring maximum exposure to both pedestrian and vehicular traffic. This thriving business environment is surrounded by diverse retail and professional services, attracting a consistent customer base. The location is strategically positioned within a five-mile radius of over 367,000 residents, boasting a median household income exceeding $98,000, presenting significant growth potential. Zoning permits a wide range of uses, including professional offices, creative offices, dental offices, retail operations, medical practices, staffing agencies, and barber shops. The space is adaptable to various configurations, allowing for seamless customization to meet unique business needs, whether it's an open-concept layout or a tailored retail setup. The building itself has one elevator.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1920
Total area 20,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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