72 Illinois Ave - Warehouse FOR SALE


Paterson, NJ 07503- South Paterson
$1,950,000 USD
973-725-3778
72 Illinois Ave, Paterson, NJ for Sale
$1,950,000 USD
Warehouse - FOR SALE
1/19
null | Request Cap Rate

72 Illinois Ave
Paterson, NJ 07503
South Paterson


OVERVIEW

10,000sqft lot with well positioned 5000sqft commercial building that offers 2 separate sides of approximately 2500 SF each, providing outstanding flexibility for an owner-user, investor, or hybrid use. Occupy both sides, combine into one large operation, or use one side and generate income by leasing the other. Designed for efficiency and accessibility, the building features, (3) 10ft overhead doors for easy loading and access, along with 15ft ceilings and an open-floor plan, allowing for a wide range of commercial, industrial, or creative build-out possibilities tailored to your business needs. Each building has its own private bathroom, and option of a small office or storage room on ground level. A second-floor office space that adds valuable administrative or executive functionality if needed is also available on one side. And as a bonus, the property is complemented by its leveled, gated lot, ideal for secure parking, storage, or maneuvering. A rare opportunity to acquire a versatile, well-located asset with multiple use scenarios and strong long-term value.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$418 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

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

Nicholas TselepisNicholas Real EstateMore Info
973-725-3778

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

Nicholas TselepisNicholas Real EstateMore Info
973-725-3778

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