44-50 Lexington Ave Passaic, NJ 07055
This exceptional 6,400 square foot commercial space is ideally situated in the heart of downtown Passaic, New Jersey, at 44-50 Lexington Avenue, 07055. Currently vacant and ready for immediate occupancy, this single-tenant property offers unparalleled flexibility for a variety of business uses. The space is categorized as retail, office, and industrial, and is specifically subtyped as a traditional office space. Located on the second floor, it boasts its own private entrance, providing both privacy and convenience. The layout includes a sizable office area and a half-bath. The property is perfect for businesses requiring ample space for growth and operations. Potential uses include retail, storage, office space, or even a warehouse. Exclusive parking is provided for up to four vehicles. Tenants are responsible for all utilities. This is a remarkable opportunity for business owners seeking a prime location in a vibrant downtown area. The property's versatility and ample space make it an attractive option for a wide range of businesses. Don't miss this chance to secure a prominent location in Passaic, New Jersey.
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.