189 Monroe St - Warehouse FOR SALE


Passaic, NJ 07055
$1,550,000 USD
973-726-0088
189 Monroe St, Passaic, NJ for Sale
$1,550,000 USD
Warehouse - FOR SALE
1/43
null | Request Cap Rate

189 Monroe St
Passaic, NJ 07055


HIGHLIGHTS

  • Close to major Highways
  • Open floor plans

OVERVIEW

Welcome to this Exceptional 2-Story Retail Commercial Building " A Rare Opportunity Offering Limitless Potential!This expansive property boasts a total of approximately 10,000 square feet plus basement, providing unparalleled flexibility for a variety of commercial uses.First Floor: Featuring 5,000 square feet of open retail space, currently occupied by the owner. The Owner is open to negotiating a long-term lease or vacating the space, depending on the buyer's preference.Second Floor: Offers an additional 5,000 square feet of open layout complemented by two spacious offices, currently utilized by the owner for a fabric business.Basement Level: A substantial 5,000 square feet with high ceilings, ideal for storage, inventory management, or auxiliary business operations.Parking & Logistics:Included is a bonus 16x100 ft lot on Hope Ave, providing rear access to the building. This space is fully paved with newly poured concrete to support the weight of heavy-duty vehicles, including 53-ft containers. Currently used for unloading and logistics, this area significantly enhances operational efficiency.Additional Highlights:High-traffic location, just one block from Route 21, ensuring excellent visibility and accessibility.Ideal for retail, wholesale, distribution, or warehouse use.Sprinkler system installed on all levels for enhanced safety.Roof replaced in 2021, offering peace of mind for years to come.

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$103 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1945

UTILITIES

Water - City, Sewer - City, Heating - Oil (Steam)

CLEAR CEILING HT

11 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15

LAND SF

6,621

ZONING

Commercial

APN/PARCEL ID

07-04067-0000-00004

ASK ABOUT THIS PROPERTY

Aron CooperKeller Williams IntegrityMore Info
973-726-0088

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Aron CooperKeller Williams IntegrityMore Info
973-726-0088

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