2450 Plainfield AveScotch Plains, NJ 07076
- Other commercial real estate
- 1.04 AC
Property Details for 2450 Plainfield Ave
- Year built
- 1954
- Lot size
- 1.04 AC
- Zone code
- M-1
- Property type
- Other commercial real estate
- APN
- 16 06502-0000-00001- 01
- APU
- 160650200000000101
Description
This 6,800-square-foot industrial warehouse, situated on a 1.05-acre lot in Scotch Plains, New Jersey (07076), presents a compelling investment opportunity. The property, located at 2450 Plainfield Ave, is zoned M-1 Industrial, offering significant flexibility for various uses. Built in 1950 with a newer metal warehouse addition, the building boasts a diverse layout. This includes approximately 3,000 square feet of office space, a 2,000-square-foot shop area with 20-foot clear ceilings, and a 1,800-square-foot warehouse section with 12-foot clear ceilings. The warehouse features two 12' x 16' high drive-in doors and one 10' x 12' high drive-in door for convenient access. Additional features include basement storage, 200-amp service in the office, and three-phase heavy power for the shop and warehouse. The property also offers approximately 75 acres of outdoor parking and storage, providing ample space for equipment and materials. The asking price is $3,900,000, and the lease type is NNN. Ceiling heights range from 8 to 22 feet.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $8,552,472
- Hospitality
- $7,834,019
- Educational
- $6,517,812
- Medical
- $6,741,969
- Retail
- $10,138,818
Location Insight
- City
- Scotch Plains
- County
- Union
- State
- New Jersey
- Latitude
- 40.6581
- Longitude
- -74.3807
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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