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300–306 & 260 W 1st Ave 300-306 W 1st Ave 33,400 SF Industrial Building Roselle, NJ 07203 $4,000,000 ($119.76/SF)
Investment Highlights
- 33,400 SF Warehouse
- Assemblage Opportunity
- Large Parking Lot Next Door
- Redevelopment Opportunity
Executive Summary
300–306 West 1st Avenue offers a unique opportunity to reposition a ±33,370 SF, three-story industrial building in a prime Roselle location. The property is currently owner-occupied and presents strong potential for a sale-leaseback structure.
While the building requires modernization—including no HVAC and a non-operational elevator—it provides significant upside for investors and owner-users. The roof was replaced approximately three years ago, and both Phase I and Phase II environmental reports have been completed with clean results, helping to
streamline due diligence.
The property also benefits from a large adjacent parking lot, enhancing usability for a variety of industrial or commercial
applications.
Strategically located with access to major transportation routes and regional infrastructure, this is a compelling opportunity to unlock value through renovation, repositioning, or redevelopment in a supply-constrained market.
While the building requires modernization—including no HVAC and a non-operational elevator—it provides significant upside for investors and owner-users. The roof was replaced approximately three years ago, and both Phase I and Phase II environmental reports have been completed with clean results, helping to
streamline due diligence.
The property also benefits from a large adjacent parking lot, enhancing usability for a variety of industrial or commercial
applications.
Strategically located with access to major transportation routes and regional infrastructure, this is a compelling opportunity to unlock value through renovation, repositioning, or redevelopment in a supply-constrained market.
Property Facts
Amenities
- Air Conditioning
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 14-04701-0000-00008 | Improvements Assessment | $193,900 |
| Land Assessment | $168,000 | Total Assessment | $361,900 |
Property Taxes
Parcel Number
14-04701-0000-00008
Land Assessment
$168,000
Improvements Assessment
$193,900
Total Assessment
$361,900
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300–306 & 260 W 1st Ave | 300-306 W 1st Ave
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