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$ 1,400,000
Est. payment | /mo
1 Bath
$ 1,400,000
Est. payment | /mo
1 Bath
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260022537
Full Baths 1
Annual Tax Amount $38,006
Lot Dimensions 52x140
Property Sub-Type Investment
Property Description
RARE DOWNTOWN PASSAIC COMMERCIAL REAL ESTATE OPPORTUNITY – PRIME LOCATION, HIGH CEILINGS & FULL BASEMENT! Exceptional opportunity to acquire a distinctive commercial property in the heart of Downtown Passaic! Located at 212 Washington Place, this substantial property offers approximately 7,096 square feet of building space on a 7,280-square-foot lot, presenting an outstanding opportunity for investors, entrepreneurs, and owner-users seeking a property with character, history, and potential. The property features a spacious one-story building with high ceilings and a full basement, offering additional space and flexibility for a variety of potential commercial applications, subject to applicable zoning and municipal approvals. Long recognized as an established Rock & Roll and entertainment destination, this property has maintained a longstanding presence in the Passaic community and remains an operating venue. Its established commercial identity and downtown location make this an especially interesting opportunity for buyers looking to continue its entertainment legacy or explore a new business concept. Conveniently located in Downtown Passaic, the property benefits from municipal public parking immediately adjacent to the building, providing convenient parking access for customers, employees, and visitors. IMPORTANT SALE INFORMATION: The asking price is for the REAL ESTATE ONLY. Existing equipment and certain business-related fixtures may be available for separate negotiation, should the buyer wish to acquire them. Any such arrangement would be subject to separate negotiations and applicable approvals. The existing business is not included in the real estate asking price. Whether you envision continuing its established entertainment use or pursuing a new commercial venture, 212 Washington Place represents a unique opportunity to acquire a substantial commercial property in an established downtown location.
Location
State NJ
County Passaic
Area Passaic
Listed by BOYNE REALTY
Nearby Locations
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