223 Godwin Ave - Warehouse FOR SALE


Paterson, NJ 07501- Eastside
$2,700,000 USD
516-907-9000
223 Godwin Ave, Paterson, NJ for Sale
$2,700,000 USD
Warehouse - FOR SALE
1/45
null | Request Cap Rate

223 Godwin Ave
Paterson, NJ 07501
Eastside


HIGHLIGHTS

  • High Ceilings
  • Large Paved lot
  • Heavy Power, Renovated offices

OVERVIEW

9350 square foot warehouse on 20,000 square foot lot. Lot is Paved. Large entrances for trucks on Godwin Ave and 12th Ave. Warehouse contains 3 Drive in Doors. Ceiling heights range between 14-30 feet. Newly renovated offices, 3 bathrooms. 2,000A, 480V, 3-phase power. Zoned industrial. Call/Text 516-907-9000 RARE PATERSON WAREHOUSE + ADJACENT PROPERTY OPPORTUNITY Two Properties • One Strategic Acquisition • Asking $2,700,000 223 Godwin Ave, Paterson, NJ 07501 Together with adjacent 218–220 12th Ave, Paterson, NJ 07501 ASKING PRICE: $2,700,000 Opportunities to acquire adjacent commercial properties in one transaction don't come along every day. This offering combines the warehouse property at 223 Godwin Avenue with the adjacent property at 218–220 12th Avenue, giving an investor, owner-user, developer, or growing business the opportunity to control a larger contiguous footprint in Paterson. WHY BUYERS SHOULD TAKE A CLOSER LOOK CONTROL THE ADJACENT PROPERTY. Owning neighboring parcels can provide something a standalone building cannot: greater control over how the overall property is used today and positioned for tomorrow. WAREHOUSE + ADDITIONAL PROPERTY. Instead of purchasing a warehouse and later wishing you had more room, this offering provides the opportunity to acquire the warehouse together with the adjacent property from the start. OWNER-USER POTENTIAL. For a business looking for a long-term location, ownership can mean control over the property rather than remaining dependent on a landlord. INVESTMENT & VALUE-ADD POTENTIAL. For investors and developers, the combination of adjacent properties may create possibilities worth investigating, subject to zoning, approvals, property conditions, and the buyer's intended use. THE OPPORTUNITY 223 Godwin Ave + 218–220 12th Ave Paterson, New Jersey 07501 OFFERED TOGETHER FOR $2,700,000 The value here isn't simply in looking at each address separately. It's the opportunity to control both. A serious buyer should evaluate the properties, the combined footprint, existing improvements, permitted uses, and potential future possibilities before overlooking an opportunity that may be difficult to replicate once it is sold. Schedule a private showing and review the opportunity for yourself. Qualified buyers and brokers welcome. All information is subject to verification. Buyers should independently verify square footage, lot dimensions, zoning, permitted uses, taxes, building condition, environmental matters, and development or redevelopment potential. No future use, approval, income, or development outcome is guaranteed.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$186 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing, Truck Terminal

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

UTILITIES

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

CLEAR CEILING HT

30 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.48

LAND SF

21,090

ZONING

I-1

APN/PARCEL ID

08-03506-0000-00026,08-03506-0000-00027

ASK ABOUT THIS PROPERTY

Jason Reynolds223 Godwin LlcMore Info
516-907-9000

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Jason Reynolds223 Godwin LlcMore Info
516-907-9000

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