109 Ethel Ave Hawthorne, NJ 07506
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15,000 SF Warehouse, 9% Cap Rate
Property size:
15,000 SFProperty Features for 109 Ethel Ave
General Information
- Property type
- Distribution properties
- Square Feet
- 15,000 SF
- Class
- C
Building Details
- Year Built
- 1988
Listing Agency: CENTURY 21 Semiao & Associates Listing Agent: Maggie Abdo-Manno Ccim
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional 15,000-square-foot industrial property, located at 109 Ethel Ave in Hawthorne, New Jersey (zip code 07506), presents a compelling investment opportunity. The building, constructed in 1988 and zoned for industrial use, offers a blend of manufacturing and warehouse space, ideal for owner-occupiers. The asking price is $1,700,000, representing a highly attractive $11 per square foot. The property boasts a strong net operating income (NOI) of $153,000, translating to a 9.00% capitalization rate. Features include a single tenancy, 12 parking spaces, and one loading dock. The ceiling height ranges from 12 to 20 feet, providing ample vertical space for various operational needs. This Class C building is privately owned and offers 15,000 square feet of net rentable space. Its location in Passaic County, New Jersey, provides convenient access to major transportation routes. This is a rare opportunity to acquire a well-located, income-producing industrial property with significant upside potential. The property is ready for immediate occupancy.
Property Profile
Location Intelligence
Current Use by Public Records
Manufacturing properties
Location Insight
- Map
- Local Demand
- City
- Hawthorne
- County
- Passaic
- State
- New Jersey
- Longitude
- -74.1524143
- Latitude
- 40.9648048
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FAQs
What type of property is this?
Distribution property - 15,000 SF Warehouse, 9% Cap Rate
Where is this distribution property located?
The property is located at 109 Ethel Ave Hawthorne, NJ.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: $1,700,000 asking price for this 15,000 SF industrial property.; Owner-user opportunity in a Class C building.; Located at 109 Ethel Ave, Hawthorne, NJ 07506.
