18-36 Blanchard St
Newark, NJ 07105
Industrial Property For Sale

We are pleased to present this property available for sale. Consisting of 35,585 sq ft between two structures on 2 acres of land. The 1st structure is a one story with mezzanine industrial building. It was constructed in 1940 and contains 23,557 square feet with ceiling heights of 16 feet and there are three loading docks. It is a Brick and block structure, and poured concrete foundation. With 3,000 square feet of office space, conference room and executive offices along the front of the building. There are two restrooms located throughout the office area and in the warehouse. The roof is rubber membrane and is in average condition. The warehouse is steam heated with suspended blowers. Electricity is 800 amps, 3-phase. Water and sewers are municipal. The facility is fully sprinklered and there are smoke alarms and fire extinguishers located throughout, with central monitoring. The second structure is a 12,028 square foot single story industrial warehouse constructed in 1970, with ceiling heights of 24 feet and two drive-in doors and one loading dock. It has a poured concrete foundation and a steel frame. The exterior is curtain walls and are constructed of insulated metal panels. Interior partitions are wood stud with sheetrock and insulated metal panels. The space is heated via suspended natural gas heat blowers with T-5 lighting throughout. The site is fully paved, fenced and lite, with security monitoring system, throughout the exterior and interior of the building. The Owner is currently using the property and would like to negotiate a Sale/Lease back with a prospective Buyer. The property taxes are $41,420.60 per year Located in the 3rd Industrial zone of the Ironbound section of Newark, the most affluent, diverse and the most sought out area in Newark for business and real estate investment. It is home to a diverse economic mix of both heavy and light industry, which makes Ironbound a constant infrastructure powerhouse. The geographic location is situated adjacent to the Newark Seaport, Newark Liberty International Airport and Penn Station is a destination and transit point for both products and people entering and leaving the United States. Sitting astride major North/South Highways (Routes 1 & 9 and New Jersey Turnpike) and West/East Highways (Pulaski Skyway to the Holland Tunnel, Route 280 West and East and Route 440 to Jersey City) the Ironbound is a major transportation hub. We would be happy to discuss this project further with you. Offering $4,500,000.00