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Vacant-User

Fairview Industrial

46 Industrial Ave, Fairview, NJ 07022

Listing Price: $3,000,000

Gross SF
12,000
Price/Gross SF
$250.00
Lot Size
0.68 acres
Year Built
1954
Rentable SF
12,000

Investment Overview

Marcus & Millichap is proud to exclusively offer for sale a unique auto repair/warehouse building located at 42-48 Industrial Ave in Fairview, NJ. The property is comprised of a 15,500 square foot Auto Repair/Warehouse space on two split levels. The first level being roughly 4,400 square feet of auto repair space and the second level repair shop is roughly 6,720 square feet. Both spaces are accessible via Industrial Ave. Directly above the first level shop is a 4,400 square foot warehouse which is rented on a month-to-month basis to a sneaker resale company. The warehouse tenant is currently paying $30,000 a year in rent on a gross lease. There is a conveyor belt system operating on the property and is used by the sneaker company to cart their inventory in and out of the building. The property sits on roughly .7 acres and contains about 12 parking spaces. Building features an indoor sprinkler system, a 200a/3p power system, three 12’ drive in doors, and a 14’5” clear height. Industrial Ave is located 4.3 miles from the George Washington Bridge and 6.2 miles from the Lincoln Tunnel. This property Located less then 3 miles off the NJ Turnpike and Route 80 allowing easy access to the state as well as NY. This property is the ideal opportunity for an owner occupant looking to occupy space in the sought-after Northern NJ Industrial market just outside of NYC. Property is currently operating as an Auto Repair Shop, but the building is zoned for a variety of Industrial uses. Property can be delivered partially vacant or completely vacant upon sale.

Investment Highlights

  • 15,500 Square Foot Industrial Building
  • A Monthly Income of $2,500 to Help Offset A User's Expenses
  • 10-15 Minutes to New York City , and 3 Miles from the NJ Turnpike and Route 80
  • 14'5" Ceiling Heigts in the Garage Spaces
  • Located in One of the Lowest Vacancy Industrial Markets in the County

Exclusively Listed By

Vacant-User

Fairview Industrial

Listing Price: $3,000,000

Gross SF
12,000
Price/Gross SF
$250.00
Lot Size
0.68 acres
Year Built
1954
Rentable SF
12,000

Investment Highlights

  • 15,500 Square Foot Industrial Building
  • A Monthly Income of $2,500 to Help Offset A User's Expenses
  • 10-15 Minutes to New York City , and 3 Miles from the NJ Turnpike and Route 80
  • 14'5" Ceiling Heigts in the Garage Spaces
  • Located in One of the Lowest Vacancy Industrial Markets in the County

Investment Overview

Marcus & Millichap is proud to exclusively offer for sale a unique auto repair/warehouse building located at 42-48 Industrial Ave in Fairview, NJ. The property is comprised of a 15,500 square foot Auto Repair/Warehouse space on two split levels. The first level being roughly 4,400 square feet of auto repair space and the second level repair shop is roughly 6,720 square feet. Both spaces are accessible via Industrial Ave. Directly above the first level shop is a 4,400 square foot warehouse which is rented on a month-to-month basis to a sneaker resale company. The warehouse tenant is currently paying $30,000 a year in rent on a gross lease. There is a conveyor belt system operating on the property and is used by the sneaker company to cart their inventory in and out of the building. The property sits on roughly .7 acres and contains about 12 parking spaces. Building features an indoor sprinkler system, a 200a/3p power system, three 12’ drive in doors, and a 14’5” clear height. Industrial Ave is located 4.3 miles from the George Washington Bridge and 6.2 miles from the Lincoln Tunnel. This property Located less then 3 miles off the NJ Turnpike and Route 80 allowing easy access to the state as well as NY. This property is the ideal opportunity for an owner occupant looking to occupy space in the sought-after Northern NJ Industrial market just outside of NYC. Property is currently operating as an Auto Repair Shop, but the building is zoned for a variety of Industrial uses. Property can be delivered partially vacant or completely vacant upon sale.

Exclusively Listed By

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