Vacant Flex-Industrial
For Sale
Contact for pricing
Pending
116 SUMMIT AVE, Chatham, NJ 07928
Flexible manufacturing, laboratory, warehouse, and office configuration with on-site parking and loading access.
Property Size25,000 SF
Lot Size1.27 Acres
Days on Market97
Property Features for 116 SUMMIT AVE
General Information
Standard status
Pending
Size
25,000 SF
Class
B
Total Parking Spaces
18
Lot size
1.27 Acres
Property subtype
Industrial
Zoning
M-1 Industrial
Investment Type
Value Add
Additional Details
Highway Access
Yes
Dock-High Doors
1
Building Details
Year Built
1955
Buildings
1
Stories
1
Units
18
Building Size
25,000 SF
Listing Agency:
Cushman & Wakefield - Morristown, New Jersey
(973) 993-1200
Listed By:
Jordan Sobel · License #NJ 1969050
Source:
Crexi
Added: May 27
Changed: Aug 31
Last Checked: Aug 31 at 12:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield - Morristown, New Jersey
Investment Insights
Based on property information with market context.
This flex-industrial property includes approximately 25,000 SF across manufacturing, laboratory, warehouse, and office areas. Built in 1955, the building occupies 1.27 acres and is scheduled for vacant delivery at closing. The property is zoned M-1 Industrial and includes 18 onsite parking spaces along with one loading dock.
The site is located less than one mile from Route 24, with regional connectivity through Route 24, I-78, and Route 287. Situated in Chatham, New Jersey, the property offers a combination of industrial functionality and access to Northern New Jersey markets. Its existing layout can support immediate occupancy, investment, or repositioning plans as permitted by applicable requirements.
The site is located less than one mile from Route 24, with regional connectivity through Route 24, I-78, and Route 287. Situated in Chatham, New Jersey, the property offers a combination of industrial functionality and access to Northern New Jersey markets. Its existing layout can support immediate occupancy, investment, or repositioning plans as permitted by applicable requirements.
Key Highlights
- Approximately 25,000 SF flex‑industrial building on 1.27 acres
- Vacant delivery at closing
- M‑1 Industrial zoning
Property Analytics
Property Profile
Current Use
Lease Details
1
Dock-high doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,198
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 07928, NJ
19,778
Population
6,837
Households
2.9
Avg Household Size
42
Median Age
83%
College-Educated
99%
High-School Grad
9.3 sq mi
ZIP Area
2,127
Density / Sq Mi
$236,000
Median Household Income
$101,563
Median Earnings
$2,441
Median Rent
$965,800
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
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Similar Off Market Nearby
- The European Market and Catering — 247 Main St, Chatham, NJ 07928
- Grays area Grille — 51 John F Kennedy Pkwy 1st floor, west, NJ 07078
Frequently Asked Questions
What type of property is this?
Flex space - Flexible manufacturing, laboratory, warehouse, and office configuration with on-site parking and loading access.
Where is this flex space located?
The property is located at 116 SUMMIT AVE Chatham, NJ.
What are key features of this property?
This property features: Approximately 25,000 SF flex‑industrial building on 1.27 acres; Vacant delivery at closing; M‑1 Industrial zoning
