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Industrial Building With Conversion Potential
For Sale
Contact for pricing
Pending

555 Warren St, Phillipsburg, NJ 08865

Industrial building with conversion possibilities to apartments, subject to rezoning or a redevelopment plan.

Property SizeContact for details
Days on Market145

Property Features for 555 Warren St

General Information

Standard status Pending
Property subtype Industrial, Self Storage

Additional Details

Highway Access Yes
Listing Agency: NAI Summit
Listed By: Matt Sprung · License #PA AB068265
Source: Crexi
Added: Apr 13 Changed: Aug 26 Last Checked: Aug 30 at 10:21PM

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 NAI Summit

Investment Insights

Based on property information with market context.

This industrial property offers many permitted uses and includes a building with conversion possibilities to an apartment building with 40+/- units. Converting to residential use would require a rezoning and/or a redevelopment plan.

The property is located in a residential area directly across the street from access to Walters Park. For an industrial user, Route 22 is described as providing easy access.

The purchase includes Block 1701 Lot 18 and a contiguous 0.23-acre parcel identified as being contiguous to the railroad, providing an expanded land component with the sale.

Key Highlights

  • Industrial building with conversion possibilities to an apartment building with 40+/- units, subject to rezoning or a redevelopment plan
  • Located in a residential area directly across the street from access to Walters Park
  • Easy access to Route 22 for an industrial user

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Auto Repair Shop Hair Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

131
Businesses Nearby

Demographics for 08865, NJ

30,537
Population
14,146
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
93%
High-School Grad
41.5 sq mi
ZIP Area
736
Density / Sq Mi
$78,519
Median Household Income
$49,811
Median Earnings
$1,248
Median Rent
$244,200
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - Industrial building with conversion possibilities to apartments, subject to rezoning or a redevelopment plan.
Where is this self storage facility located?
The property is located at 555 Warren St Phillipsburg, NJ.
What are key features of this property?
This property features: Industrial building with conversion possibilities to an apartment building with 40+/- units, subject to rezoning or a redevelopment plan; Located in a residential area directly across the street from access to Walters Park; Easy access to Route 22 for an industrial user
(610) 264-0200 Call to check price and availability
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