139 Wayne Ave , Paterson City, New Jersey 07502-2128

  • $1,061,000

Description

Strategic retail/investment opportunity in Paterson’s highly active Totowa commercial corridor, immediately west of Downtown Paterson. This property consists of a 5,050 SF two-story retail building situated on a 50′ x 101′ lot, offered vacant at closing to provide immediate flexibility for owner users, investors, or purchasers interested in redevelopment. Currently operating as a supermarket, the property includes existing walk-in coolers/freezers and a functional retail layout well suited for grocery, specialty food, discount retail, medical, or other neighborhood serving commercial uses. Located in a densely populated residential trade area with strong pedestrian and vehicular traffic, the asset offers excellent visibility, established consumer demand, and durable long term retail fundamentals. Rare opportunity to acquire a vacant urban retail asset with owner user utility, lease up/investment upside, and future redevelopment potential in one of Paterson’s most established neighborhood retail submarkets.

  • City: Paterson City
  • State/county: Passaic

Details

Updated on April 30, 2026 at 7:37 am
  • Property ID HZ4020666
  • Price $1,061,000
  • Property Size 5050
  • Property Status Active

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Queens Realty New Jersey

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