468 Totowa Ave

468 Totowa is just steps from major cultural and recreational landmarks including Hinchliffe Stadium, Paterson Great Falls National Historical Park, and the newly completed Vista Park. The property also sits minutes from Westside Park and the historic Great Falls mill district, placing it at the center of one of the city's most significant redevelopment corridors.The subject property is located in Paterson's historic First Ward, with plans approved by the city of Paterson to redevelop the asset into a 126-unit mixed-use building. The property is an existing 108,000 square foot mill building on a 200' by 215' lot. Plans include a 42,756 SF buildable extension, including 6,700 sf of retail space and 138 parking spaces. The plans include the removal of single story structures to make expand the parking area. The building's prior use is industrial, allowing potential conversion/rehabilitation to industrial warehousing for tenants.