300-306 W 1st Ave - Warehouse FOR SALE


Roselle, NJ 07203
$4,000,000 USD
973-803-8050
300-306 W 1st Ave, Roselle, NJ for Sale
$4,000,000 USD
Warehouse - FOR SALE
1/50
null | Request Cap Rate

300-306 W 1st Ave
Roselle, NJ 07203


HIGHLIGHTS

  • 33,400 SF Warehouse
  • Large Parking Lot Next Door
  • Assemblage Opportunity
  • Redevelopment Opportunity

OVERVIEW

300–306 West 1st Avenue offers a unique opportunity to reposition a ±33,370 SF, three-story industrial building in a prime Roselle location. The property is currently owner-occupied and presents strong potential for a sale-leaseback structure. While the building requires modernization—including no HVAC and a non-operational elevator—it provides significant upside for investors and owner-users. The roof was replaced approximately three years ago, and both Phase I and Phase II environmental reports have been completed with clean results, helping to streamline due diligence. The property also benefits from a large adjacent parking lot, enhancing usability for a variety of industrial or commercial applications. Strategically located with access to major transportation routes and regional infrastructure, this is a compelling opportunity to unlock value through renovation, repositioning, or redevelopment in a supply-constrained market.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$109 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

300–306 & 260 W 1st Ave

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Storefront, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

UTILITIES

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

CLEAR CEILING HT

14 Ft

DOCKS

1

DRIVE INS

1

PARKING SPACES

65

LAND DETAILS

LAND ACRES

1

LAND SF

43,560

ZONING

Commercial / Industrial

APN/PARCEL ID

14-04701-0000-00008

ASK ABOUT THIS PROPERTY

Andrea NesticoInvestment Property Realty GroupMore Info
973-803-8050

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Andrea NesticoInvestment Property Realty GroupMore Info
973-803-8050

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