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    OFF-MARKET
    Industrial properties

    43 Spg St 49, Elizabeth, NJ 07201-2608

    0.1 ac lot
    Entity Owned 27-yr Hold Free & Clear
    Property ID
    US59-2518729
    Property summary
    AI-generated overview

    This exceptional 7,000-square-foot commercial warehouse, situated at 43 S Spring St, Unit 0, Elizabeth, NJ, presents a remarkable opportunity for a variety of businesses. Conveniently located off Elizabeth Avenue, this property boasts significant advantages for industrial and distribution operations. The warehouse features multiple separate garage doors and a loading dock, ensuring efficient loading and unloading of goods. The space is equipped with heavy-duty electrical systems, a legacy from its previous use as a water bottling facility. This robust infrastructure makes it perfectly suited for light industrial applications, including but not limited to food distribution, mechanical repair, or similar businesses requiring ample space and power. The property's versatility allows for creative adaptation to suit a wide range of operational needs. Adding to its appeal is a substantial attached garage bay capable of accommodating four vehicles, providing valuable additional storage or workspace. The property sits on a 0.1-acre lot, offering ample outdoor space for maneuvering and potential expansion. This is a truly unique opportunity to acquire a well-equipped, strategically located warehouse in a thriving area. The asking price is $999,999. Don't miss this chance to secure a prime commercial property in Elizabeth, NJ. Schedule your showing today.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Lot 0.1 ac (4,343 SF)
    APN 04 00548- 01-00004
    UPID US59-2518729
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Aquaserv Natural Spring Water Service Big Box & Wholesale Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    NOT AVAILABLE FROM COUNTY
    NOT AVAILABLE FROM COUNTY
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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