647 Main AvePassaic, NJ 07055

Property Details for 647 Main Ave

Lot size

0.99 AC

Property size (Sq ft)

100,000 SF

Property type

Retail properties

Property subtype

Other specialty properties

Description

This exceptional 100,000 square foot property in Passaic, New Jersey presents a unique investment opportunity. Located in the Central Business District at the highly visible intersection of Broadway and Main Avenue, this seven-story building offers 75,000 square feet of space, complemented by a separate two-story structure encompassing 21,000 square feet. The two-story building currently houses a bank and other high-quality tenants. A significant asset is the attached six-story parking garage, providing capacity for over 600 vehicles. The property sits on a nearly one-acre lot and is zoned UEZ, allowing for diverse uses. Potential uses include retail, medical facilities (including labs and rehabilitation centers), higher education, schools, and office space. The ample parking makes this complex particularly attractive. The property offers significant redevelopment potential, whether through renovation of the existing structures or new construction. This prime location and versatile zoning create a compelling opportunity for investors seeking a high-impact project in a thriving downtown area. The property is offered for sale by owner.

Location Insight

City

Passaic

County

Passaic

State

New Jersey

Latitude

40.8606

Longitude

-74.1259

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