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Off Market
1/14

468 Totowa Ave
Paterson, NJ 07522


HIGHLIGHTS

  • Located in a GARDEN STATE GROWTH ZONES (GSGZ).
  • 468 Totowa Ave sits in an Urban Enterprise Zone (UEZ).
  • Situated in Opportunity Zone - Adjacent to major redevelopments in progress like Vista Park Plan, Hinchliffe Stadium & Paterson Falls.
  • Convenient to Public Transportation: 3 NJ Transit bus routes (Routes 703, 744 & 748) all provide service to the First Ward Redevelopment Area.
  • Property is used by major film studios from Los Angeles and New Jersey.

OVERVIEW

This historical building houses 108,000 sf of potential. It may qualify for the Adaptive Re-Use District as well as the Garden State Growth Zones. It is located next to Hinchliffe Stadium. The four story 80,000 square-foot loft building, combined with almost 30,000 square feet of additional first floor open space, provides a clean palette to produce a valuable real estate investment. 108,000 SF available (80,000 SF, 19,000 SF and 7,000 SF) - 80,000 SF has 4 floors at 20,000 sf each - top floor clear span, 19,000 SF single story with an over-sized drive-in door - 14’ clear span, 7,000 SF has exterior entrance at the lower level on the NE corner. Loading: 5 tailgates serve the buildings with a common receiving area. Single freight elevator adjacent to the receiving area serves the multi-story building. Situated on 1.9 + acres. All buildings are fully sprinklered.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

468 Totowa Ave, Inc.

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1905

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

12 Ft

DOCKS

5

DRIVE INS

1

PARKING SPACES

20

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

08-00801-0000-00009