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31699274
31699275

241 Main Ave, Passaic, NJ 07055

CENTURY 21 Mack-Morris Iris Lurie Inc
Listed by CENTURY 21 Mack-Morris Iris Lurie Inc
$2,250,000
90 days on market
Updated 67 days ago

239-241 Main Ave Passaic Prime Corner Commercial Asset

Details
APN 2507-03265-0000-00043-0000
Property Type Business for Sale, Retail
Sub Type Auto Shop, Business and Building (+1)
Square Footage 1,380
Pumps 2
Cap Rate 7.00%
Occupancy 100%
Tenancy Single
Brand/Tenant DELTA, ROSAS AUTO
Lease Expiration 09/01/2026
Lease Options Option to Renew
Pro-Forma Cap Rate 9.00%
Broker Co-Op Yes
Class C
Year Built 1980
Buildings 1
Stories 1
Lot Size (SqFt) 3,920
Zoning C-R
Investment Type Owner/User
Lease Commencement 09/01/2025
Ground Lease No
Ownership Fee Simple

PRIME TURN KEY INVESTMENT

Marketing description

Prime Commercial Asset located at 239-241 Main Ave, Passaic, NJ. Offering a rare opportunity to acquire a high-visibility, income-producing property positioned on a prime corner along one of the area's most heavily trafficked corridors. This turnkey investment includes BOTH the real estate and a fully operational gas station business, complete with an on-site convenience store, delivering multiple revenue streams and immediate cash flow. The site is equipped with (2) fuel pumps and (2) double wall steel underground storage tanks with a total capacity of approximately 12,000 gallons, supporting efficient, high-volume operations. Complementing the asset is a fully leased mechanic shop providing stable, consistent rental income, further strengthening the investment profile. Situated in a dense urban market on a corner lot, this property benefits from high consumer traffic, and sustained demand for retail services. Ideal for investors or owner-operators seeking a resilient, high-exposure asset with both operational and real estate value.

Listing Contacts

CENTURY 21 Mack-Morris Iris Lurie Inc
Listed by CENTURY 21 Mack-Morris Iris Lurie Inc

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Zoning

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C-R MixedMixed UseCommercial Residential
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Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics

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