541 Union Ave
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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)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 08-00610-0000-00004 | Improvements Assessment | £154,372 |
Land Assessment | £30,357 | Total Assessment | £184,729 |
PROPERTY TAXES
Parcel Number
08-00610-0000-00004
Land Assessment
£30,357
Improvements Assessment
£154,372
Total Assessment
£184,729
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541 Union Ave
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