115 Myrtle AvePassaic, NJ 07055

For Sale
$1,295,000

10,000 SF Warehouse, Vacant, Opportunity Zone

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 10,000-square-foot warehouse in Passaic, New Jersey, presents a compelling investment opportunity. Located at 115 Myrtle Ave, 07055, this property sits on a 5,249-square-foot corner lot and boasts a desirable M-1 (Light Industrial) and R-3 (Residential Multi-Family) zoning designation. The two-story brick building is currently vacant, offering immediate occupancy for owner-users or a blank canvas for redevelopment. The asking price is $1,295,000, translating to $129.50 per square foot. Features include one loading dock and a prime location within an Opportunity Zone, suggesting significant potential for future appreciation. The property's versatile zoning allows for a range of uses, making it attractive to both industrial businesses and developers seeking multi-family residential projects. Its strategic location and strong infrastructure make it an ideal choice for businesses seeking a strategic presence in Passaic County. This is a rare opportunity to acquire a well-situated industrial property with substantial upside potential. The property's APN is 07-02176-0000-00019. Serious inquiries are encouraged.

Highlights

  • $1,295,000 asking price for this 10,000 square foot industrial property.
  • Vacant, 10,000 SF warehouse building on a 5,249 SF lot.
  • Ideal for owner-occupancy or redevelopment.
  • Located in an Opportunity Zone.
  • Features one loading dock and drive-in access.
  • Zoned M-1 (Light Industrial) and R-3 (Residential Multi-Family).

Property Details for 115 Myrtle Ave

Property type
Other warehouses, Other industrial properties
Square Feet
10,000 SF
Buildings
1
Stories
2

Location Insight

City
Passaic
County
Passaic
State
New Jersey
Latitude
40.865337
Longitude
-74.1344791
115 Myrtle Ave, Passaic, New Jersey

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115 Myrtle Ave
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