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    43 Spring St Elizabeth, NJ 07201

    Sponsored
    For Sale
    $999,999

    7,000 SF Warehouse, Ideal for Diverse Uses

    Property size:
    7,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    344
    This exceptional 7,000-square-foot commercial warehouse, situated at 43 S Spring St, Unit 0, Elizabeth, NJ, presents a remarkable opportunity for a variety of businesses. Conveniently located off Elizabeth Avenue, this property boasts significant advantages for industrial and distribution operations. The warehouse features multiple separate garage doors and a loading dock, ensuring efficient loading and unloading of goods. The space is equipped with heavy-duty electrical systems, a legacy from its previous use as a water bottling facility. This robust infrastructure makes it perfectly suited for light industrial applications, including but not limited to food distribution, mechanical repair, or similar businesses requiring ample space and power. The property's versatility allows for creative adaptation to suit a wide range of operational needs. Adding to its appeal is a substantial attached garage bay capable of accommodating four vehicles, providing valuable additional storage or workspace. The property sits on a 0.1-acre lot, offering ample outdoor space for maneuvering and potential expansion. This is a truly unique opportunity to acquire a well-equipped, strategically located warehouse in a thriving area. The asking price is $999,999. Don't miss this chance to secure a prime commercial property in Elizabeth, NJ. Schedule your showing today.

    Property Features for 43 Spring St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    7,000 SF
    Lot Size
    4,356 SF

    Building Details

    Year Built
    1940
    Property Profile Location Intelligence

    Current Use by Public Records

    Aquaserv Natural Spring ... Bottled Water Supplier

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elizabeth
    County
    Union
    State
    New Jersey
    Longitude
    -74.20844
    Latitude
    40.65894

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    FAQs

    What type of property is this?
    Commercial real estate - 7,000 SF Warehouse, Ideal for Diverse Uses
    Where is this commercial real estate located?
    The property is located at 43 Spring St Elizabeth, NJ.
    What is the asking price?
    The asking price for this property is $999,999.
    (908) 289-5108
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    43 Spring St Elizabeth, NJ 07201
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    Elizabeth, NJ 07201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    43 Spring St Elizabeth, NJ 07201
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