19 Broadway Passaic, NJ 07055
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.