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541 Union Ave

1,927 SF Vacant Retail Building Paterson, NJ 07522 £588,307 (£305/SF)

Executive Summary

Totally renovated 2023 Excellent opportunity to own a mixed- use building near the center of Paterson. First floor EL CUBETAZO BAR & KARAOKE & SPORTS sale with liquor lic second floor 2BRS combo LR kit full bath central air full unfinished basement 1/2 bath. Brand new refrigeration equipment, 2 glass door back bar coolers, 1 bottle cooler and 1 ICE machine 3-compartment sink, 1 additional sink, 2 ice bins with 7 circuit boards, 1 glass rack and 1 glasswasher machine 2 soda gun system connected to the ice bin 1 additional standing freezer (apartment)Granite countertop Brand new furniture, bar stools & tables, regular chairs & tables, and leather couches Crown molding LED lighting Recessed ceiling lighting 2 JBL speakers 10 in-ceiling speaker SONOS system 13 Samsung Smart TVs Fully wired Ethernet cabling for every Smart TV HDMI wiring for every Smart TV HDMI switch HDMI splitter 1 EPSON projector plus 120' electric screen Digital LED display for front window Hardwood floor.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,927 SF
Building Class
C
Year Built
1950
Price
£588,307
Price Per SF
£305
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
2
Building FAR
1.44
Land Acres
0.03 AC
Frontage
84 ft on W broadway

Amenities

  • Air Conditioning
Walk Score ®
Very Walkable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Checkers
Valley National Bank
Chase Bank
Blimpie
Bravo
Key Food
Bank of America
TD Bank
Surf City Squeeze
Krispy Krunchy Chicken

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-00610-0000-00004
Land Assessment
£30,357
Improvements Assessment
£154,372
Total Assessment
£184,729
  • Listing ID: 33694880

  • Date on Market: 30/10/2024

  • Last Updated:

  • Address: 541 Union Ave, Paterson, NJ 07522

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