75 Mill St - Manufacturing FOR SALE


Newton, NJ 07860
$5,950,000 USD
973-768-4206
75 Mill St, Newton, NJ for Sale
$5,950,000 USD
Manufacturing - FOR SALE
1/9
null | Request Cap Rate

75 Mill St
Newton, NJ 07860


OVERVIEW

Located in the thriving industrial hub of Newton, New Jersey, this impressive industrial property spans 4.16 acres and features four buildings, totaling a substantial 135,000 square feet of versatile space. A compelling investment opportunity, 74,630 square feet of this property remain vacant, offering potential for various commercial applications. The remaining space is currently leased, providing a steady income stream. The property features four loading docks, two drive-ins, and ample parking at 2.5 spaces per 1,000 square feet. Notably, significant renovations and upgrades have been recently completed, ensuring a modern and efficient facility. The property is also zoned for cannabis use, making it highly attractive for businesses in the emerging cannabis industry. Furthermore, the motivated seller, who is retiring, is willing to offer owner financing, making this an opportunity that should not be missed for savvy investors seeking a prime industrial property in the Garden State.

FOR SALE DETAILS

PRICE

$5,950,000 USD

PRICE/SF

$54 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Darling Mills Industrial Park

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1919

UTILITIES

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

CLEAR CEILING HT

19 Ft

DOCKS

3

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.16

LAND SF

181,210

ZONING

M-1,Industrial

APN/PARCEL ID

15-00005-05-00001

ASK ABOUT THIS PROPERTY

Sig SchorrNAI James E. Hanson, Inc.More Info
973-768-4206

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

Sig SchorrNAI James E. Hanson, Inc.More Info
973-768-4206

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