311-321 Mechanic St - Warehouse FOR SALE


Boonton, NJ 07005
$4,900,000 USD
201-868-6300
311-321 Mechanic St, Boonton, NJ for Sale
$4,900,000 USD
Warehouse - FOR SALE
1/27
null | Request Cap Rate

311-321 Mechanic St
Boonton, NJ 07005


OVERVIEW

These three properties, comprising of 5 buildings, including over 30,000 SF of warehouse, three residential units and a parking lot, occupy a significant footprint in the heart of Boonton's established industrial corridor, situated along contiguous lots with street-to-street access that provides exceptional ingress and egress for commercial tenants and logistics operations alike. The sites benefit from direct connectivity between Division Street, Mechanic Street, and Cedar Street — a rare configuration that affords flexibility for a variety of commercial, industrial, and mixed-use users. Boonton's industrial market has demonstrated remarkable resilience, driven by its strategic position along the Routes 202 and 287 corridor and its proximity to regional distribution infrastructure. The town's zoning supports a broad range of commercial and industrial uses, and the limited availability of properties of this scale has kept demand consistently strong. What makes these offerings particularly compelling is the development potential that comes with their location. Situated less than half a mile from the Boonton NJ Transit rail station, the properties sit at the intersection of an active industrial market and the kind of transit proximity that increasingly attracts mixed-use and residential redevelopment interest — giving investors both a strong income story today and a compelling long-term opportunity.

FOR SALE DETAILS

PRICE

$4,900,000 USD

PRICE/SF

$163 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

315 Mechanic Street, 115 Cedar Street

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1947

UTILITIES

Heating - Gas

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.39

LAND SF

16,988

ZONING

C-2

APN/PARCEL ID

01-00068-0000-00010

ASK ABOUT THIS PROPERTY

Christopher CervelliMichael Cervelli Real Estate, LLCMore Info
201-868-6300

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Christopher CervelliMichael Cervelli Real Estate, LLCMore Info
201-868-6300

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