153 Passaic St Passaic, NJ 07055
- Commercial real estate
- 0.17 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 153 Passaic St
- Year built
- 1940
- Construction
- FRAME
- Lot size
- 0.17 lot acres
- Zone code
- U
- Property type
- Commercial real estate
- APN
- 07 01034-0000-00001
- APU
- 701034000000001
Description
This exceptional 1,000-square-foot retail storefront is located in Passaic County's vibrant Spanish Community submarket, boasting a prime location near Third Street. The property, situated within a three-story building, underwent a complete renovation in 2024, resulting in a modern and attractive space ideal for a variety of retail businesses. Key features include an oversized glass storefront maximizing natural light and visibility, ensuring high foot traffic exposure. The high ceilings create an open and airy atmosphere, enhancing the overall appeal. A sizable basement provides ample storage space, adding significant value to the property. While there are no on-site parking spaces, the property's excellent location within a densely populated, high-traffic area more than compensates for this. The strong concentration of the Spanish-speaking community in this submarket presents a unique opportunity to tap into a significant and loyal customer base. This is a rare opportunity to secure a newly renovated, well-positioned retail space in a thriving community. The absence of broker fees makes this an even more attractive proposition for prospective tenants.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $360,000
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Location Insight
- Map
- Local Demand
- City
- Passaic
- County
- Passaic
- State
- New Jersey
- Longitude
- -74.115
- Latitude
- 40.8621
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
