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Small Bay Contractor Storage 209 Adams St 11,426 SF Industrial Building Riverside, NJ 08075 $1,265,000 ($110.71/SF) 6.43% Cap Rate

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INVESTMENT HIGHLIGHTS

The in-place NOI is only $81,302 or $7.12/SF. Market asking rents are in excess of $12/ft for comparable properties.
The warehouse portion is +/-8,700 SF across 7 units with a total of 10 roll-up doors; The +/-2,726 SF office building can be easily subdivided.
Property is priced at only $110/SF - a significant discount to the cost of replacing the building, paving, and fencing.

All tenants in the warehouse portion of the property are on month-to-month leases, and some small offices can be leased.
This property has a NJ Motor Vehicle Installment Seller License, which is very challenging to attain; It is held by NJ Motor Group.
Units are small, ranging from 600 to 2,500 SF; These are easier to lease and are maintaining historically low vacancy rates.

EXECUTIVE SUMMARY

Sands Investment Group is pleased to exclusively list for sale this Small Bay Industrial property in Riverside, NJ. The offering includes two buildings totaling 11,426 SF across 11 units. 8 of the units are currently leased, and there are multiple opportunities to add significant value to this property.

In Cooperation With Sands Investment Group New Jersey, LLC - Lic. #2187470 BoR: Tom Gorman - Lic. NJ #2187471

PROPERTY FACTS

Price	$1,265,000	Lot Size	1.02 AC
Price Per SF	$110.71	Rentable Building Area	11,426 SF
Sale Type	Investment	No. Stories	1
Cap Rate	6.43%	Year Built	1950
Property Type	Industrial	Tenancy	Single
Property Subtype	Warehouse Industrial Distribution	Parking Ratio	0.88/1,000 SF
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	I-2

Price	$1,265,000
Price Per SF	$110.71
Sale Type	Investment
Cap Rate	6.43%
Property Type	Industrial
Property Subtype	Warehouse Industrial Distribution
Building Class	C
Lot Size	1.02 AC
Rentable Building Area	11,426 SF
No. Stories	1
Year Built	1950
Tenancy	Single
Parking Ratio	0.88/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	I-2

Lighting - Incandescent
Gas - Natural
Water - City
Sewer - City
Heating - Gas

PROPERTY TAXES

Parcel Number	30-00502-0000-00012	Improvements Assessment	$319,400
Land Assessment	$110,000	Total Assessment	$429,400

PROPERTY TAXES

Parcel Number

30-00502-0000-00012

Land Assessment

$110,000

Improvements Assessment

$319,400

Total Assessment

$429,400

(215) 618-2025

CONTACTS

Griffin Reath
Joseph Cary
Sands Investment Group

Listing ID: 38079766
Date on Market: 10/15/2025
Last Updated:
Address: 209 Adams St, Riverside, NJ 08075

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