447 Mcbride Ave, Paterson, NJ 07501

3,068 SF 0.05 ac lot

Individually Owned ~ Est. High Equity

Property ID

US59-1483315

$475,000 3,068 SF

447 Mcbride Ave, Paterson, NJ 07501
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This exceptional mixed-use property at 447 McBride Avenue in Paterson, NJ, presents a rare investment opportunity. Spanning 3,068 square feet on a 0.05-acre lot, this building seamlessly blends commercial and residential spaces. The ground floor boasts a sizable showroom, ideal for showcasing merchandise, complemented by a dedicated office, workshop, and a full bathroom with a tub/shower combination. The inviting covered front porch provides a welcoming entrance for customers. Upstairs, a complete residential apartment awaits, featuring two bedrooms, a full bathroom, a living room, and an eat-in kitchen. Adding to the versatility, a finished attic space, currently used as a home office/workshop, offers additional square footage. The property also includes a fully fenced backyard, perfect for outdoor relaxation or potential expansion. Priced at $475,000, this property offers significant potential for both income generation and personal use, making it an attractive proposition for discerning investors and entrepreneurs seeking a piece of Paterson's rich history. The combination of commercial and residential space provides flexibility and diverse income streams. Don't miss this chance to acquire a well-maintained and versatile property in a vibrant location.