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4,000 SF Ind/Retail Building For Sale 109 71st St

4,000 SF 100% Leased Industrial Building Guttenberg, NJ 07093 $750,000 ($188/SF) 8.62% Cap Rate

Investment Highlights

  • Lot Size: 3,964 SF
  • 6-10 Unit Multi-family Development Opportunity
  • 3,420 SF Industrial Manufacturing
  • Building Property Can be sold "Subject to Obtaining Approvals to Built"

Executive Summary

The Elia Realty Group and KW Commercial are proud to present an exciting new opportunity to own a piece of Guttenberg, NJ! The property sits with a current 4,000 SF industrial maufacturing building on it and is flat at ground level with an approx. 4,000 SF lot size. Guttenberg is a town in the northern part of Hudson County, in the U.S. state of New Jersey. In the 2020 Census, it was the most densely populated incorporated municipality in the United States, as well as one of the most densely populated municipalities worldwide, with 57,116 inhabitants per square mile (22,053/km2) of land area. Only four blocks wide, Guttenberg has been variously ranked as the ninth-smallest municipality in the state (based on data from the U.S. Census Bureau) or as the state's seventh-smallest municipality (based on data from the New Jersey Department of Environmental Protection). As of the 2020 United States census, the town's population was 12,017, an increase of 841 (+7.5%) from the 2010 census count of 11,176, which in turn reflected an increase of 369 (+3.4%) from the 10,807 counted in the 2000 census. As of the 2010 Census, almost one-fifth of the town's population resided in the Galaxy Towers, a trio of residential skyscrapers overlooking the Hudson River. The current population growth and density in Guttenberg represents a significant change since 1983, when it was described by The New York Times, as "an old community of two-story row houses, small stores and light industry." Based on data from the 2017 Population Estimates Program showing that the town had a population density of 58,800 inhabitants per square mile (22,700/km2), the highest in the state, Dave Sheingold of Northjersey.com described Guttenberg as "America's most crowded place". The site sits flat on ground level. 200 Amps Natural

Property Facts Under Contract

Price $750,000
Price Per SF $188
Sale Type Investment
Cap Rate 8.62%
Sale Conditions
Build to Suit
  • Redevelopment Project
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Service
Building Class C
Lot Size 0.10 AC
Rentable Building Area 4,000 SF
No. Stories 1
Year Built/Renovated 1900/2000
Clear Ceiling Height 12’

Amenities

  • Bus Line
  • Signage
  • Accent Lighting
  • Air Conditioning
  • Smoke Detector
Walk Score®
Walker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
03-00031-0000-00016
Land Assessment
$118,900
Improvements Assessment
$232,300
Total Assessment
$351,200

zoning

Zoning Code R-1
R-1
  • Listing ID: 29978092

  • Date on Market: 11/6/2023

  • Last Updated:

  • Address: 109 71st St, Guttenberg, NJ 07093

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