For Sale
$1,800,000

2365-2369 Waldheim AveScotch Plains, NJ 07076

Prime NJ Warehouse, Two Units, High Demand

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional industrial property in Scotch Plains, NJ, presents a unique investment opportunity. Priced at $1,800,000, this offering encompasses two parcels totaling 0.13 acres, featuring a 2,500 square foot, two-story warehouse built in 2000. The main structure includes two 13-foot high dock-high doors, providing ample access for loading and unloading. A significant advantage is the inclusion of a 50x23 foot free-standing garage with a 12-foot overhead door, gas heating, and a front and rear overhead door. This garage also features a small office space. The property is zoned for commercial use and benefits from an excellent conforming industrial yard capable of accommodating ten or more trucks. Adding to the investment potential is a well-maintained, two-bedroom apartment situated above the garage, currently leased month-to-month for $1700 per month, with the tenant responsible for all utilities except garbage. The apartment boasts hardwood floors, central air conditioning, and heating. The adjacent lot (2369 Waldheim Ave) offers additional storage or expansion possibilities. This property is a rare find in a highly sought-after location. The combined parcels offer a versatile space ideal for various industrial or commercial uses, enhanced by the income-generating apartment. The property's features, location, and income stream make it an attractive investment opportunity. The 80 square foot office space within the garage adds to the functionality of the property.

Highlights

  • Exceptional Scotch Plains, NJ industrial investment opportunity: $1,800,000.
  • Two parcels totaling 0.13 acres with a 2,500 sq ft, two-story, 2000-built warehouse featuring two 13' dock-high doors.
  • Includes a 50x23 ft free-standing garage with 12' overhead door, gas heat, and a small office (80 sq ft).
  • Features a month-to-month leased, income-generating two-bedroom apartment above the garage ($1,700/month, tenant pays all utilities except garbage).
  • Zoned commercial with ample yard space (accommodates 10+ trucks) and adjacent lot for expansion.

Property Details for 2365-2369 Waldheim Ave

Property type
Warehouses, Industrial properties
Square Feet
2,500 SF
Year Built
2000
Stories
2
Lot Size (sq. ft)
5,663 SF
Units
2

Location Insight

City
Scotch Plains
County
Union
State
New Jersey
Latitude
40.6561325
Longitude
-74.3793241
2365-2369 Waldheim Ave, Scotch Plains, New Jersey

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2365-2369 Waldheim Ave
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