This Land Property is no longer advertised on LoopNet.com.

1201 Harrison Ave
Kearny, NJ 07032
±3 to 4-AC Land Opportunity · Land For Sale · 3.50 AC

Property Facts

Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Cement or Gravel Plant
  • Chemical or Oil Refinery
  • Contractor Storage Yard
  • Distribution
  • Hold For Development
  • Hold For Investment
  • Parking Lot
  • Railroad Yard
  • Refrigeration or Cold Storage
  • Retail Warehouse
  • Self Storage
  • Truck Stop
  • Truck Terminal
Total Lot Size 3.50 AC

Description

All three lots are available for sale for a total of ~3.5 acres. The minimum bid requirements include: A $13 Million Dollar Bid plus $500,000 for relocating our operations. This price is for the three parcels totaling ~3.5 acres. A non-refundable deposit of 2% of the purchase price is *non-negotiable*. The deposit will be held in escrow with the seller’s attorney. The deposit is only refunded if the seller elects to cancel the agreement. Any offer to purchase the properties must include a $300,000 allowance, in addition to their bid amount, for any environmental or non-environmental work required to complete the transaction. If the costs exceed $300,000, the seller can cancel the transaction and return the deposit or pay any costs above the allowance to complete the remedial work. The nonrefundable deposit increases to $500,000 after the first stage of DD. The seller's 100% ownership stake in the Outdoor advertising license is transferred to the purchaser. The seller’s 50% ownership stake in the yet-to-be-built outdoor advertising permit is transferred to the purchaser. The offer to purchase is not contingent upon or subject to any state, local, federal, or government agency's review or approval of any desired future site plans.

  • Listing ID: 27079863

  • Date on Market: 11/9/2022

  • Last Updated:

  • Address: 1201 Harrison Ave, Kearny, NJ 07032

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