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Sold
Commercial
Income Producing Medical Office Buildings
635-641 Broadway, Paterson, NJ - 07514
Description
The property is comprised of two, side by side, three story income producing professional medical office buildings. The buildings are currently 85% occupied with a variety of medical office tenants. Both buildings have separate HVAC systems. In addition, there is a 20+ car gated parking lot in the rear of the property. The property is located in the most desirable area of Paterson, this area is known to many as “Doctor Row”. The property is just down the block to Barnert Medical Arts Complex and close to numerous regional hospitals.
Documents
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Property Information
- Executive Summary
- Lease 1 *
- Lease 2 *
- Lease 3 *
- Lease 4 *
- Lease 5 *
- Lease 6 *
- Pictures
- Tax Map
- Current and Projected Income & Expense *
Auction Information
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Terms & Conditions
- Buyers Premium 10% based on the high bid.
- Closing Sold in As-Is condition, no contingencies.
- Deposit Amount $30,000 due at time of auction. DEPOSIT MUST BE IN THE FORM OF A BANK CHECK
- Broker Co-op 2% of the high bid will be paid to a properly registered broker at settlement.
Inspection
By Appointment
Auction Location:
On-Site