647 Main AvePassaic, NJ 07055

For Sale
Call for price

100,000 SF, 7-story building, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
93
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.

Highlights

  • Prime investment opportunity in Passaic, NJ's Central Business District, capitalizing on high demand.
  • Versatile property suitable for retail, medical (care & labs), higher education, or office use; ample on-site parking.
  • Rare multi-family conversion potential downtown; options include redevelopment or new construction.

Property Details for 647 Main Ave

Property type
Other specialty properties, Schools
Square Feet
100,000 SF
Stories
7
Lot Size (sq. ft)
43,124 SF

Location Insight

City
Passaic
County
Passaic
State
New Jersey
Latitude
40.860592328785
Longitude
-74.125859767552
647 Main Ave, Passaic, New Jersey

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647 Main Ave
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