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46 Farrand St

69,000 SF 4% Leased Industrial Building Bloomfield, NJ 07003 $11,500,000 ($167/SF)

Executive Summary

Presenting prime industrial property located at 46-50 Farrand St, Bloomfield, NJ. Situated in a prime industrial area undergoing redevelopment on a dead-end block, this property offers seamless access to major highways. The building boasts 75,000 sqft of versatile industrial space, perfect for manufacturing, warehousing, or distribution. Additionally, it falls within the approved green zone, making it an ideal site for cannabis vertical attachment.
Spanning 1.7 acres, the lot includes ample parking and storage, further enhancing its existing structure. This property represents an exceptional investment opportunity, ideal for tapping into the thriving vertical cannabis market or exploring various developmental prospects. For further details, financials, or to schedule a site visit, please contact me directly - Arianna Nieves 201-463-3657 arianna@jcluxury.com

Property Facts

Price $11,500,000
Price Per SF $167
Sale Type Investment or Owner User
Sale Conditions
Distress Sale
  • 1031 Exchange
  • Build to Suit
  • Redevelopment Project
Property Type Industrial
Property Subtype Manufacturing
Lot Size 1.76 AC
Rentable Building Area 69,000 SF
No. Stories 3
Year Built 1947
Parking Ratio 0.94/1,000 SF
No. Drive In / Grade-Level Doors 4

Utilities

  • Lighting
  • Gas - Natural
  • Water
  • Sewer
  • Heating - Gas
Walk Score ®
Walker's Paradise (92)
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
02-00225-0000-00015
Land Assessment
$775,400
Improvements Assessment
$2,449,100
Total Assessment
$3,224,500

zoning

Zoning Code BCR II
BCR II
  • Listing ID: 32004193

  • Date on Market: 6/3/2024

  • Last Updated:

  • Address: 46 Farrand St, Bloomfield, NJ 07003

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