Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Recording Studio
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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