201-663-3502
72 Illinois Ave, Paterson, NJ for Sale
Warehouse - FOR SALE
1/15
null | Request Cap Rate

72 Illinois Ave
Paterson, NJ 07503
South Paterson


HIGHLIGHTS

  • Easy access to local highways
  • Three drive-in doors
  • The bays are approx 22.6ft wide allowing for further augmentation of door sizes in addition to very deep approx 90 foot bays making a versatile space.
  • Multiple points of loading, tall ceilings, fenced & lit paved yard
  • Security systems
  • Plethora of possible uses between automotive, light industrial, retail, office

OVERVIEW

DELIVERED VACANT -- GOOD FOR AUTOMOTIVE, DEALERSHIP, RETAIL, LIGHT INDUSTRIAL USES & MORE -- TWO SEPARATELY METERED UNITS -- OCCUPY HALF, LEASE HALF --- PAVED, LIT, FENCED LOT For the first time in 30 years, this remarkable corner commercial property is for sale. Located in the well kept industrial area of Lakeview Paterson, this combined 10,000 square foot space of building & gated parking cannot be missed. An owner operator’s dream of a completely sub dividable building, where two completely different companies can work side by side. 2 offices, 2 bathrooms, separate entrances, separate meters, and 2 large scale garages that neatly fit semi trucks on both sides. In addition to the building, this property has a dual entrance movable gated parking lot for 35 cars, as well as 6 front spaces for employees or customer retail parking. Consider owning & occupying this, leasing a garage bay for $5,000/mo to a tenant or lease the paved lot and a bay for $7,000/mo to another tenant. This is a highly utilizable property. Zoned for “Mixed Use” occupancy and less than a mile in each direction to major highways, the added benefits to this property are endless. Businesses such as automotive, storage and warehousing, cargo & freight, even retail are amongst so many fitting options for potential owners to thrive in this space. Space is very limited in this area of town, imagine having an entire corner? BOOK YOUR VIEWING TODAY, there’s not another on the market like it. Please email or call agents for list of approved uses, showings, and pricing/availability. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - DISCLAIMER STATEMENT: We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property . You and your tax and legal advisors should conduct your own investigation of the property and transaction. Photos may be edited and not meant to be 1:1 illustrations of existing property.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

72-78 Illinois Ave, Paterson

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

3

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.23

LAND SF

10,019

ZONING

Commercial MU- Mixed Use

APN/PARCEL ID

08-07210-0000-00003

ASK ABOUT THIS PROPERTY

Sawyer NovakTarvin Commercial Real Estate ServicesMore Info
201-663-3502

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Sawyer NovakTarvin Commercial Real Estate ServicesMore Info
201-663-3502

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