1340 Front St Plainfield, NJ 07063
- Warehouses
- 20,000 SF
- 1.10 lot acres
Current Use by Public Records
- New Jersey Hardwoods Inc / Manufacturer
Property Details for 1340 Front St
- Lot size
- 1.10 lot acres
- Property size
- 20,000 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional 20,000-square-foot industrial building is available for lease in Plainfield, New Jersey. Situated on 1.1 acres of land at 1340 W Front St, 07063, this single-tenant property offers ample space for manufacturing and/or warehousing operations. The building is a one-story structure with a floor area ratio (FAR) of 20,000. The entire 20,000 square feet is currently vacant and ready for immediate occupancy. Its strategic location within Plainfield's Urban Enterprise Zone (UEZ) presents significant financial advantages. Qualified businesses operating within the UEZ are eligible for substantial tax benefits, including a 50% reduction on certain retail sales and a 100% reduction on purchases made by the business itself. Furthermore, the UEZ offers workforce training assistance, streamlining the process of building a skilled workforce. Plainfield also boasts an active economic development program, fostering a supportive environment for businesses. The property's proximity to a readily available labor pool, both skilled and unskilled, further enhances its appeal. The previous occupant was an architectural woodworking business. This presents a unique opportunity for a similar business or a company seeking a well-located, spacious industrial facility with significant cost-saving incentives.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Plainfield
- County
- Union
- State
- New Jersey
- Longitude
- -74.4478
- Latitude
- 40.6021