970 Main St Paterson, NJ 07503
- Commercial real estate
- 2,462 SF
- 0.04 lot acres
Current Use by Public Records
- Loredana Law Office / Attorney
- Elyamani Farms / Wholesale Market
- Alkumah Halal / Takeout Restaurant / Restaurant
- Ibrahim Personal Injury Law / Personal Injury Attorney
- Eldeb tax service / Tax Preparation Service
Property Details for 970 Main St
- Construction
- FRAME
- Lot size
- 0.04 lot acres
- Property size
- 2,462 SF
- Zone code
- B-2
- Property type
- Commercial real estate
- APN
- 08 06802-0000-00011
- APU
- 806802000000011
Description
This exceptional 1,200 square foot executive office suite is available for lease at 970 Main Street in Paterson, New Jersey. Located in Passaic County, this property offers a unique opportunity for businesses seeking a prestigious and functional workspace. The entire 1,200 square feet is currently vacant, providing a blank canvas for a discerning tenant to customize the space to their exact specifications. The building's classification as an "Executive Office" suggests a high level of finish and amenities, ideal for businesses prioritizing a professional image. The multiple tenancy structure indicates a well-managed building with potentially shared amenities or services. The property's address is 970 Main Street, Paterson, NJ 07503, offering convenient access to local businesses, transportation, and other key infrastructure. This is a rare opportunity to secure a substantial, fully vacant office space in a desirable location. The property is ready for immediate occupancy, allowing for a swift and efficient transition for your business. Interested parties are encouraged to inquire promptly to secure this exceptional space. The property's location offers easy access to major transportation routes, making commuting and client access convenient. This is an ideal opportunity for a business seeking a prominent location in a thriving area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $875,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $940,000
- 6.5%
- $1,050,000
- 7%
- $1,000,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $965,000
- Geo Method
- $1,090,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,100,000
- Retail
- $1,085,000
- Mixed-Use
- $880,000
- Hospitality
- $1,035,000
- Educational
- $1,065,000
- Residential Income
- $1,190,000
- Energy
- $955,000
- Income-Based Land
- $1,075,000
- Food Service
- $880,000
Location Insight
- Map
- Local Demand
- City
- Paterson
- County
- Passaic
- State
- New Jersey
- Longitude
- -74.1597
- Latitude
- 40.8946
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
