51 Central Avenue

VALUE ADD INVESTMENT OPPORTUNITY. Significant Lease-Up Potential. Positioned in the heart of Passaic’s thriving commercial corridor, this 9-unit income mixed-use investment presents an exceptional opportunity to acquire a well-maintained commercial asset with substantial upside potential. Located on one of Passaic’s busiest retail streets, the property enjoys outstanding visibility, heavy pedestrian traffic, and excellent vehicle exposure, making it ideal for investors seeking long-term appreciation and increased cash flow. The property consists of two ground-floor retail storefronts, each approximately 1,140 square feet, and seven second-floor walk up office suites, ranging from approximately 170 to 505 square feet and may be combined to create larger professional suites for medical practices, attorneys, accountants, insurance agencies, therapists, or other professional users. The ground-floor retail spaces are currently occupied. Both Retail tenant’s lease are approaching renewal, presenting an excellent opportunity for a new owner to adjust the rent to current market value. features an updated flat roof (2019), updated HVAC systems, and updated thermostats, helping reduce future capital improvement costs. Excellent visibility with heavy pedestrian and vehicle traffic Surrounded by restaurants, retail shops, professional offices, and public transportation