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±40,000 - 247,446 SF - Elizabeth Port 327-347 1st St 247,446 SF 100% Leased Industrial Building Elizabeth, NJ 07206 For Sale
Investment Highlights
- Compelling Port Market Fundamentals
- Irreplaceable Location
Executive Summary
327-347 1st Street offers flexibility in addressing the operational requirements of a wide array of uses and is an excellent choice for any company requiring access to an ample labor force and a location with unmatched access to NYC, Port Newark/Elizabeth, and every major highway in the Tri-State area including Routes 1& 9,Route 78and the New Jersey Turnpike. The facility is 16 miles from New York City via the Holland Tunnel, in the heart of the most densely populated region in the US, and is less than 5 miles from the Ports of Newark & Elizabeth, the largest ports on the East Coast. The 247,446 SF building offers 16’ ceilings, a 120’ truck court, and sits on fully fenced, secured, and paved property. There are 26 tailgate height loading doors as well as one drive-in door. The Owners will deliver the building with a new roof(in process). ±40,000 - 125,725 SF located on the ground floor with an additional ±40,000 - 121,721 SF located in the basement with access via external drive-in, two interior floor cut-outs, and two freight elevators.
Property Facts
| Sale Type | Investment or Owner User | Year Built | 1942 |
| Property Type | Industrial | Parking Ratio | 0.2/1,000 SF |
| Property Subtype | Distribution | Clear Ceiling Height | 16’ |
| Building Class | C | No. Dock-High Doors/Loading | 26 |
| Lot Size | 6.69 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 247,446 SF | Opportunity Zone |
Yes
|
| No. Stories | 1 | ||
| Zoning | MRC-1 - Manufacturing, Research and Commercial | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 6.69 AC |
| Rentable Building Area | 247,446 SF |
| No. Stories | 1 |
| Year Built | 1942 |
| Parking Ratio | 0.2/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 26 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | MRC-1 - Manufacturing, Research and Commercial |
Amenities
- Air Conditioning
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
10' Basement
- 1st Floor
- 40,000-125,725 SF
- Industrial
- -
- 30 Days
| Space | Size | Space Use | Condition | Available |
| Basement | 40,000-121,721 SF | Industrial | Partial Build-Out | 30 Days |
| 1st Floor | 40,000-125,725 SF | Industrial | - | 30 Days |
Basement
| Size |
| 40,000-121,721 SF |
| Space Use |
| Industrial |
| Condition |
| Partial Build-Out |
| Available |
| 30 Days |
1st Floor
| Size |
| 40,000-125,725 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| 30 Days |
Basement
| Size | 40,000-121,721 SF |
| Space Use | Industrial |
| Condition | Partial Build-Out |
| Available | 30 Days |
10' Basement
1 1
Property Taxes
| Parcel Number | 04-00001-0000-00119 | Improvements Assessment | $10,285,600 |
| Land Assessment | $20,069,800 | Total Assessment | $30,355,400 |
Property Taxes
Parcel Number
04-00001-0000-00119
Land Assessment
$20,069,800
Improvements Assessment
$10,285,600
Total Assessment
$30,355,400
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±40,000 - 247,446 SF - Elizabeth Port | 327-347 1st St
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