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367 Somerset St 8,791 SF Industrial Building Plainfield, NJ 07060 $1,950,000 ($221.82/SF)
Investment Highlights
- The location offers regional access in central Union County, NJ—beneficial for distribution within the New York / Northern New Jersey corridor.
Executive Summary
Team Resources, as exclusive agent, is pleased to present 367-71 Somerset St in North Plainfield, NJ available for purchase. This two-story commercial/industrial property is
situated on a .22 acre lot in the business/commercial district of North Plainfield Borough of Somerset County. Easily accessible from major roadways including Routes 22, 78, and 287, make it well-positioned for logistics or distribution uses. This historic (1924) two-story industrial/warehouse property with 8,791+/- sq ft, including: 1,000 +/- sq. ft. of office and 5,000+/- sq. ft. of mezzanine space, along with good ceiling heights. An over-sized drive-in door access gives the user flexibility between administrative and bulk/storage functions. The location offers regional access in central Union County, NJ—beneficial for distribution within the New York / Northern New Jersey corridor.
situated on a .22 acre lot in the business/commercial district of North Plainfield Borough of Somerset County. Easily accessible from major roadways including Routes 22, 78, and 287, make it well-positioned for logistics or distribution uses. This historic (1924) two-story industrial/warehouse property with 8,791+/- sq ft, including: 1,000 +/- sq. ft. of office and 5,000+/- sq. ft. of mezzanine space, along with good ceiling heights. An over-sized drive-in door access gives the user flexibility between administrative and bulk/storage functions. The location offers regional access in central Union County, NJ—beneficial for distribution within the New York / Northern New Jersey corridor.
Property Facts
| Price | $1,950,000 | Rentable Building Area | 8,791 SF |
| Price Per SF | $221.82 | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built | 1924 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Clear Ceiling Height | 21’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.23 AC | Opportunity Zone |
Yes
|
| Zoning | IND - Industrial | ||
| Price | $1,950,000 |
| Price Per SF | $221.82 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.23 AC |
| Rentable Building Area | 8,791 SF |
| No. Stories | 2 |
| Year Built | 1924 |
| Tenancy | Single |
| Clear Ceiling Height | 21’ |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | IND - Industrial |
Amenities
- Cooler
1 1
Walk Score®
Very Walkable (87)
Property Taxes
| Parcel Number | 14-00099-0000-00030 | Improvements Assessment | $380,000 |
| Land Assessment | $100,000 | Total Assessment | $480,000 |
Property Taxes
Parcel Number
14-00099-0000-00030
Land Assessment
$100,000
Improvements Assessment
$380,000
Total Assessment
$480,000
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367 Somerset St
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