564 Frst St Orange, NJ 07050-1330
- Warehouses
- 0.35 lot acres
Current Use by Public Records
- Scheme Studio / Recording Studio
Property Details for 564 Frst St
- Year built
- 1894
- Construction
- BRICK
- Lot size
- 0.35 lot acres
- Property type
- Warehouses
- APN
- 17 05004-0000-00025
- APU
- 1705004000000025
Description
This exceptional industrial property presents a unique investment opportunity in the heart of Orange, NJ. The offering includes a potential bundle of two warehouses totaling approximately 40,440 square feet. The primary warehouse boasts 28,440 square feet across three stories, built in 1884, featuring 4 loading docks, high ceilings, and abundant natural light. The property sits on a 14,502.17 square foot lot. A second warehouse, totaling 12,400 square feet on two levels, is also available, situated on a separate 23,819 square foot lot and currently generating income from five tenants. This combined space offers versatile options, ideal for various uses including e-commerce fulfillment, distribution, creative agencies, or artisan workshops. The location is highly desirable, within walking distance of public transportation, major highways, and numerous amenities such as restaurants, cafes, and shops. The property is situated in an Urban Enterprise Zone (UEZ), offering potential tax advantages. Ample parking and outdoor storage areas are also available. The asking price for this unique opportunity is $6,500,000, with a price per square foot of $2,285.51. This is a rare chance to acquire a substantial industrial property in a thriving urban location.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $540,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Orange
- County
- Essex
- State
- New Jersey
- Longitude
- -74.2467
- Latitude
- 40.765
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
