32 Spruce St Oakland, NJ 07436
- Industrial properties
- 2.11 lot acres
Current Use by Public Records
- Auto Glass & Windshield Replacement of Oakland / Auto Glass Shop
- AMP Communications / Telecommunications Contractor
- Dbm LLC / Electronics Manufacturer
Property Details for 32 Spruce St
- Construction
- CONCRETE BLOCKS
- Lot size
- 2.11 lot acres
- Property type
- Industrial properties
- APN
- 42 02302-0000-00020
- APU
- 4202302000000020
Description
This exceptional commercial property, located at 32 Spruce Street in Oakland, New Jersey, presents a compelling investment opportunity. Priced at $16 million, this office building offers significant potential for growth and return. While the square footage is currently unavailable, the property's strategic location in Oakland ensures high visibility and accessibility. The absence of acreage indicates a compact, potentially highly efficient building design, ideal for a variety of business uses. The property's address suggests proximity to local amenities and transportation networks, making it an attractive option for both employees and clients. Further due diligence is recommended to ascertain the precise square footage and internal layout of the building. This could include a detailed property inspection to assess the building's condition, systems, and potential for renovation or expansion. The lack of additional descriptive information underscores the need for a thorough investigation to fully understand the property's capabilities and potential. Given the price point, this property is likely to appeal to sophisticated investors seeking a strong foothold in the New Jersey commercial real estate market. Interested parties are encouraged to conduct their own independent research and due diligence to confirm all aspects of the property before making an offer. This is a unique opportunity to acquire a well-situated commercial building in a thriving New Jersey community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Bergen
- State
- New Jersey
- Longitude
- -74.2533
- Latitude
- 41.0182
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA