2-8 Central Ave - Manufacturing FOR SALE


East Orange, NJ 07018
$13,000,000 USD
201-892-9933
2-8 Central Ave, East Orange, NJ for Sale
$13,000,000 USD
Manufacturing - FOR SALE
1/12
null | 7% Cap Rate

2-8 Central Ave
East Orange, NJ 07018


OVERVIEW

2-8 Central Ave +/- 127,000 FT manufacturing warehouse that originally was built to manufacture cars, over .99 Acre. 3 floors with large freight elevator to all floors. 3 loading docks , drive in , a driving ramp thru all floors. Parking for 49 cars. 1,300 SF Mezzanine between first and second floor. Office 10,000 SF 1st level 16', 2nd level 11' and third level 10' 3 loading docks for 40' container and 53' trailers . Building just passed fire inspection with lots of partial updates for the sprinkler system. New heating system. New highly efficient electrical system in all 3 floors (3 phases manufacturing rated) Building has also a small employee elevator close to the office area .

FOR SALE DETAILS

PRICE

$13,000,000 USD

PRICE/SF

$103 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

UTILITIES

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

CLEAR CEILING HT

18 Ft

DOCKS

3

DRIVE INS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

0.99

LAND SF

43,124

ZONING

GC

APN/PARCEL ID

05-00023-0000-00003

ASK ABOUT THIS PROPERTY

Maggie Abdo-Manno, CCIMCENTURY 21 Semiao & AssociatesMore Info
201-892-9933

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Maggie Abdo-Manno, CCIMCENTURY 21 Semiao & AssociatesMore Info
201-892-9933

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