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1056-1070 Magnolia Ave Elizabeth, NJ 07201

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For Sale
$3,500,000

Industrial building featuring USDA processing, refrigeration, and freezer capabilities.

Property size:
23,046 SF
Lot size:
0.44 Acres

Property Features for 1056-1070 Magnolia Ave

General Information

Size
23,046 SF
Lot size
0.44 Acres
Source: Moodyscre

Listing Agent: Scott G. Savastano

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Industrial Property with USDA Processing

This industrial property offers approximately 23,046 square feet of space with ceiling heights ranging from approximately 8 to 26 feet clear. It features a wet sprinkler system and gas suspended heating. The property is equipped with 1600 Amps of power at 208-240V, 3 Phase. Loading is facilitated by 3 tailboards and 1 drive-in door. There are 30 parking spaces available. The zoning is commercial. The property is suitable for USDA processing, refrigeration, and freezer applications. Future expansion is possible with approximately 17,000 square feet available. Additional development can add approximately an additional 9,000 – 10,000 square feet. Taxes for 2020 were $68,611.23.
Location Intelligence

Current Use by Public Records

Industrial properties

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Elizabeth
County
Union
State
New Jersey
Longitude
-74.2069548
Latitude
40.6678157

FAQs

What type of property is this?
Industrial property - Industrial building featuring USDA processing, refrigeration, and freezer capabilities.
Where is this industrial property located?
The property is located at 1056-1070 Magnolia Ave Elizabeth, NJ.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: - Significant future expansion potential: Approximately 17,000 SF, with the possibility of adding another 9,000-10,000 SF.; - Substantial power supply: 1600 Amp @ 208-240V, 3 Phase.; - Versatile loading capabilities with 3 Tailboards and 1 Drive-In.
More about this property
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