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THIS SOLID FOUR LEVEL BUIDING IS ONLY PARTIALLY OCCUPIED, THERE IS A STORE BEEN RENOVATED ON THE GROUND FLOOR WITH A 5 YEAR LEASE, 2ND FLOOR IS BEEN LEASED BY TEH P.A.L. OF PASSAIC, 3RD & 4TH FLOORS ARE VACANT RIGHT NOW. THERE IS A HUGE WORKING FREIGHT ELEVATOR ON THIS BUILDING. MAJOR ELECTRICAL WORK HAS JUST BEEN DONE TO UPDATE IT.
Three story 21,000 square foot industrial warehouse located in Passaic, NJ. This property is ideally located with excellent visibility from Rt. 21. The building has recently been renovated with all new windows, new HVAC, new alarm system, and a fresh building exterior. The property is located in Passaic's Urban Enterprise Zone, thus providing an owner with the ability to take advantage of certain tax benefits as follows: 100 percent Sales Tax Rebate on most business-related purchases. For example, an air conditioner, a register, computers, carpeting, tables, chairs, pens/pencils, machinery, kitchen utensils or anything necessary to run your business can be purchased tax-free!There is a reduced three point five percent sales tax. Retail businesses may charge their customers 50 percent of the usual seven percent NJ sales tax. Certain businesses are eligible for corporate business tax credits and unemployment insurance rebates. This facility offers an owner/user the opportunity to occupy prime industrial space in a highly desirable Northern New Jersey location. While the building was previously used by a single tenant, it does allow for subdividing as desired. Building
170,000 square foot building on 8.75 acres. Seven drive ins and twelve tailgates. 2 stories. 1600a/480v. 15' ceilings.
Sale leaseback or partial sale leaseback optional.
EXCELLENT BUILDING FOR TRADE WAREHOUSE OR LIGHT MANUFACTURING OPERATIONS, HEAVY EQUIPMENT REPAIR OR STORAGE. CURRENTLY OWNER OCCUPIED. PERFECT FOR START-UP OR EXISTING BUSINESS EXPANSION. WALKING DISTANCE TO PUBLIC TRANSPORTATION, SHOPPING AND PARKS.....ALSO AVAILABLE FOR LEASE AT $8.00/SF ...MODIFIED NET LEASE INCLUDES TAXES AND INSURANCE