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171-181 Market St
Paterson, NJ 07505 Downtown Paterson

$55,000 USD

Apartments Condo For Sale • 1,200 SF

Property Details

Property Type Apartments
Total Building Size 119,736 SF
Lot Size 0.33 AC
Building Class B
Year Built 1904
Zoning B-4

90 Transit Score

100 Walk Score

1 Unit Available

Name

Condo Use

Size

Price

Details

1st Floor - Unit 175

Retail

1,200 SF

$55,000 USD

Unit Size: 1,200 SF
Condo Use: Retail
Price: $55,000 USD
Sale Type: Investment
Price/SF: $45.83 USD

Description

Retail condo unit for sale on the first floor, fully built out ready for move in.

Sale Notes

171-181 Market Street, known as The Smith Building, is a landmark mixed-use asset located within Downtown Paterson's primary commercial corridor. Positioned along Market Street, the property benefits from a highly visible location surrounded by retail businesses, service providers, public institutions, transportation options, and established residential neighborhoods. Its central downtown setting provides direct access to the commercial activity that defines Paterson's urban core.

The property encompasses approximately 119,736 square feet within a historic four-story structure originally constructed in 1904. Available marketing materials indicate a diverse tenant base that includes retail, restaurant, personal service, childcare, healthcare, and office-oriented uses. This variety of occupants contributes to activity throughout the building while supporting multiple revenue streams within a single asset.

Description

171-181 Market Street is a four-story mixed-use property known as The Smith Building in Downtown Paterson, New Jersey. The building contains approximately 119,736 square feet and was constructed in 1904. Public records identify approximately 0.33 to 0.35 acres within the B-4 zoning district. Historical marketing materials reference a variety of retail and commercial tenants occupying the property. The building is located along Market Street near municipal, transportation, and commercial services.

                
                    Highlights
                
                                Located on Paterson's primary Market Street corridor.
                            
                                Diverse mix of retail, service, and commercial tenants.
                            
                                Near City Hall, transit services, and educational institutions.
                            
                                Prominent frontage within the downtown business district.
                            
                                Large-scale mixed-use property with redevelopment potential.

Amenities

24 Hour Access
Controlled Access
Tenant Controlled HVAC
Heating
Smoke Free
Refrigerator
Oven
Tub/Shower
Freezer

Public Transportation

Airport	Drive	Walk	Distance
Newark Liberty International	26 min	-	21.4 mi
LaGuardia	38 min	-	25.0 mi
Westchester County	59 min	-	40.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Covered
Included in Rent:	Yes

Annakay Lyttle 973-830-2888 Lyttle Dream Team Realty LLC

171-181 Market St Paterson, NJ 07505 Downtown Paterson

$55,000 USD

Property Details

1 Unit Available

Description

Sale Notes

Description

Highlights

Amenities

Public Transportation

Parking Details

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171-181 Market St
Paterson, NJ 07505 Downtown Paterson