Skip to main content

Vacant-User

50 Spruce

50 Spruce St, Paterson, NJ 07501

Listing Price: $1,900,000

Gross SF
52,065
Price/Gross SF
$36.49
Lot Size
1.25 acres
Year Built
1850
Rentable SF
50,000

Investment Overview

Marcus and Millichap is pleased to exclusively present 50 Spruce St. Paterson, NJ, a 52,065 square feet, three story, light industrial building, located in Paterson, New Jersey. The property has been approved for the adaptive reuse of 38 residential units with ground floor commercial space. The approvals consist of 8 studios, 27 one bedrooms, and 13 two bedrooms.

Investment Highlights

  • Vacant Warehouse Approved For 38 Residential Units and Two Commercial
  • Other Permitted Uses Include: Retail Sales/Service, Office, Eating/Drinking Establishments, Micro-Breweries
  • Continued Permitted Uses: Childcare Facilities, Work/Live Artist Studios

Exclusively Listed By

Financing By

Vacant-User

50 Spruce

Listing Price: $1,900,000

Gross SF
52,065
Price/Gross SF
$36.49
Lot Size
1.25 acres
Year Built
1850
Rentable SF
50,000

Investment Highlights

  • Vacant Warehouse Approved For 38 Residential Units and Two Commercial
  • Other Permitted Uses Include: Retail Sales/Service, Office, Eating/Drinking Establishments, Micro-Breweries
  • Continued Permitted Uses: Childcare Facilities, Work/Live Artist Studios

Investment Overview

Marcus and Millichap is pleased to exclusively present 50 Spruce St. Paterson, NJ, a 52,065 square feet, three story, light industrial building, located in Paterson, New Jersey. The property has been approved for the adaptive reuse of 38 residential units with ground floor commercial space. The approvals consist of 8 studios, 27 one bedrooms, and 13 two bedrooms.

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower