343 Somerset St - Warehouse FOR SALE


Stirling, NJ 07980
$2,500,000 USD
908-764-1731
343 Somerset St, Stirling, NJ for Sale
$2,500,000 USD
Warehouse - FOR SALE
1/20
null | Request Cap Rate

343 Somerset St
Stirling, NJ 07980


HIGHLIGHTS

  • Ample parking is available, and an adjoining lot included in the sale offers opportunities for expansion or additional parking needs.
  • The kitchen and office flooring were updated in 2023, providing a fresh and inviting workspace.
  • The property is equipped with a comprehensive Fire and Security System throughout.
  • The electrical infrastructure is robust, offering 600 amps of 3-phase power at 230 volts.
  • The Warehouse boasts an impressive clear ceiling height of 14 feet 6 inches and includes a convenient 12 feet by 12 feet drive-in door.
  • The building received an upgrade in 2021 with the installation of modern LED lighting, significantly improving illumination and energy efficiency.

OVERVIEW

Sale contingent on seller closing on new property. This property features a Warehouse and Light Manufacturing Building situated on over half an acre within an L-2 Light Industrial Zone. The structure comprises 9340 square feet. 8340 of Warehouse space and approximately 1000 additional square feet designated for Office use. The Warehouse boasts an impressive 14 feet 6 inch clear ceiling height, with a convenient 12 feet by 12 feet drive-in door. The electrical infrastructure is robust, offering 600 amps, 3-phase power, at 230 volts. The property is equipped with a comprehensive Fire and Security System throughout. In 2019, warehouse camera system was installed. 2020, HVAC motor was replaced, ensuring efficient climate control. In 2020, a new roof membrane was added, backed by a 10-year warranty for peace of mind. Subsequently, in 2021, the building received an upgrade with the installation of modern LED lighting, significantly improving illumination and efficiency. The kitchen was updated in 2023 along with upgraded office flooring, providing a fresh and inviting workspace. Lastly, on October 1st, 2023, new loading door springs were installed. There's ample parking available, and an adjoining lot included in the sale, presents opportunities for expansion or additional parking needs.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$269 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

UTILITIES

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

CLEAR CEILING HT

14.5 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.52

LAND SF

22,651

ZONING

I-2

APN/PARCEL ID

30-11605-0000-00007

ASK ABOUT THIS PROPERTY

Christina RocheNextHome PremierMore Info
908-764-1731

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Christina RocheNextHome PremierMore Info
908-764-1731

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