1601 Pennsylvania Ave - Manufacturing FOR SALE


Linden, NJ 07036
$3,795,000 USD
609-222-1304
1601 Pennsylvania Ave, Linden, NJ for Sale
$3,795,000 USD
Manufacturing - FOR SALE
1/21
null | Request Cap Rate

1601 Pennsylvania Ave
Linden, NJ 07036


HIGHLIGHTS

  • Light Industrial (LI) Zoning
  • Conveniently Located Near Major Thoroughfares, Airports, and Port Newark
  • 3 Seperate Units With Seperate Utility Meters and Heavy Power

OVERVIEW

The owner can occupy 1601 Pennsylvania Ave and collect rents from 1611 and 1615 Pennsylvania Avenue. All three properties have been completely remodeled in 2023. 1601: Exterior building dimensions 82’ (L) x 36’ (W)= 2,952 SF +/- overhead motorized 12’x 12’ drive-in door, 2 offices, waiting area, 2 restrooms (ADA compliant), kitchenette with quartz countertops, Luxury Vinyl Plank flooring throughout office area, new windows, floor safe, new Reznor heater in warehouse, and a new slop sink in warehouse. Includes a 82’ (L) x 62’ (W) = 5,084 SF parking lot (15 cars or 10-12+/- Box trucks or Trailers). Block: 39, Lot: 11 1611: 119’ (L) x 37’ (W)= 4,403 SF +/-, 1 motorized overhead drive-in door 12’x12’, new office area 15’ x 19’, kitchenette with quartz countertops, new windows and doors, ADA compliant restroom, Luxury Vinyl Plank Flooring, new Reznor heater in warehouse. 1615: 125’ x 37’ = 4,625 SF +/-, 1 motorized overhead drive-in door 12’ x12’, office, new office area 15’ x 19’, kitchenette with quartz countertops, new windows and doors, ADA compliant restroom, Luxury Vinyl Plank Flooring, new split unit in office, new Reznor heater in warehouse section, and more. 1611 and 1615 combined block and lot number: Block: 39, Lot: 9 Light Industry Zoning (LI) permitted uses include manufacturing, warehouse, distribution, fabrication and assembly, research laboratories, automotive repair stations, retail sales, retail services, professional and business offices, and many more. Approximately $180,000 +/- in annual rents from 1611 and 1615 Pennsylvania Avenue. Conveniently located near major thoroughfares, airports, and Port Newark.

FOR SALE DETAILS

PRICE

$3,795,000 USD

PRICE/SF

$316 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

includes 1611 and 1615 Pennsylvania Ave

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

undefined, Auto Repair, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

UTILITIES

Lighting, Gas - Natural, Water - County, Sewer - City, Heating - Gas

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.4

LAND SF

17,424

ZONING

commercial industrial

APN/PARCEL ID

09-00039-0000-00011

ASK ABOUT THIS PROPERTY

Robert WarneyCentury 21 Abrams & AssociatesMore Info
609-222-1304

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Robert WarneyCentury 21 Abrams & AssociatesMore Info
609-222-1304

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.