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156 E 15th St

9,700 SF Vacant Industrial Building Paterson, NJ 07524 $1,850,500 ($191/SF)

Investment Highlights

  • BRAND-NEW "high-energy efficiency" LED lighting system
  • 3 WIDE -FLANGE-STEEL BEAMS SUPPORTED BY 3 COLUMNS SPACING 24 FEET IN BETWEEN
  • LOT SIZE: 100X100 - REAL ESTATE TAXES: $23,000 - CONCRETE-BLOCK CONSTRUCTION
  • 200 AMP SERVICE PLUS 100 AMP SUB-PANEL
  • 2 OVER-HEAD DOOR WITH 2 MORE OPENINGS
  • Owner would entertain private financing to qualified buyers.

Executive Summary

NEW PRICE! We are pleased to present this well-maintained industrial/flex facility. This sturdy one-story warehouse, built in 1954, features concrete block walls supported by three wide-flange steel beams and three columns 24 feet apart. Each column has approximately 47 feet of open space between itself and the wall. The ceiling is 16 feet high, offering approximately 10,000 square feet of space. Located in an industrial-commercial area, this versatile space is suitable for various uses such as construction equipment, trucks, and transportation vans. It can accommodate up to 50 cars parked side by side. The property incurs $23,000 in taxes.
The warehouse has been recently upgraded with a BRAND-NEW high-energy efficiency LED lighting system, providing daylight-level brightness to the entire space. It also includes two bathrooms, three gas heating blowers (one of which is only six months old), a 200-amp service panel with an additional 100-amp subpanel, automatic heat detectors, an APT fire alarm system, and an air compressor (Champion Advantage Series). The durable 16-inch thick cement flooring is supported by two overhead automatic doors, approximately 13 feet high, with the option for two more. This property is suitable for a range of commercial and industrial applications.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts Under Contract

Price $1,850,500
Price Per SF $191
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Service
Lot Size 0.23 AC
Rentable Building Area 9,700 SF
No. Stories 1
Year Built 1954
Clear Ceiling Height 16 FT
No. Drive In / Grade-Level Doors 2

Amenities

  • 24 Hour Access
  • Security System
  • Wheelchair Accessible
  • Smoke Detector

Utilities

  • Lighting
  • Gas
  • Water
  • Heating
Walk Score ®
Very Walkable (79)
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.®

zoning

Zoning Code I-1 (INDUSTRIAL - COMMERCIAL)
I-1 (INDUSTRIAL - COMMERCIAL)
  • Listing ID: 31443773

  • Date on Market: 4/7/2024

  • Last Updated:

  • Address: 156 E 15th St, Paterson, NJ 07524

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