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327 Passaic Ave
Fairfield, NJ 07004

$2,590,471 USD

Showroom For Sale  •  12,000 SF

Property Details

• Property Type Showroom
• Total Building Size 12,000 SF
• Lot Size 1.42 AC
• Year Built 1975
• Cap Rate 6.50 %
• Tenancy Multiple
• Zoning L1 (Light Industrial)

0 Transit Score

50 Walk Score

Highlights

Very good Cash Flow from stabalized tenant base

High vis location adjacent the Route 46 corridor

Good to very good condition

Good income upside with existing tenants and multiple Partial Development Options

Seller will consider holding a note

Property Flyers

327 - 333 Passaic Ave OM 1 print version final back edit

Cap Rate:

6.50 %

Amenities

• Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
Wayne/Route 23 Transit Center (Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit))	5 min	-	2.1 mi
Mountain View (Montclair-Boonton Line - NJ Transit Commuter Rail (NJ Transit))	6 min	-	2.6 mi
Airport	Drive	Walk	Distance
Newark Liberty International	27 min	-	22.9 mi
LaGuardia	43 min	-	31.1 mi
John F Kennedy International	54 min	-	42.2 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	10
Type:	Surface
Included in Rent:	Yes