277 E 16th St 5,600 SF Industrial Building Paterson, NJ 07524 $1,000,000 ($178.57/SF)

Kassin Sabbagh Realty (KSR) has been exclusively retained to represent 277 East 16th Street:, a versatile industrial property located within Paterson’s well-established I-1 industrial district. Offering 5,425 square feet of functional warehouse space on a 5,602 SF lot, this asset provides a compelling opportunity for both owner-users and investors seeking flexible industrial space in a high-demand Northern New Jersey market. The property features a single-story warehouse structure with a 16' clear height, two drive-in doors, and an efficient open-floor layout suitable for a wide range of industrial, logistics, automotive, and service-oriented operations. Situated on a wide, low-traffic street, the site allows for easy truck maneuvering, staging, and streamlined loading activity. The location offers excellent regional accessibility, with immediate connectivity to major transportation corridors including I-80, Route 20, Route 46, and the Garden State Parkway, ensuring direct access to Northern New Jersey distribution routes and the broader New York City metropolitan area. Surrounding industrial and commercial uses include automotive services, wholesale suppliers, manufacturing businesses, and local retailers—creating a strong ecosystem for logistics, contractor-based operations, and light industrial users. The property is currently leased to Orlando Auto Detailing LLC, generating $94,542.72 in annual rental income, with 3% annual increases through the lease expiration on March 31, 2027. Ownership is working toward the ability to deliver the site vacant, presenting flexibility for prospective buyers.