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45 Griffith St 92,000 SF Industrial Building Salem, NJ 08079 $9,200,000 ($100/SF)

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Investment Highlights

  • Rail-served industrial facility positioned for flexible distribution strategies.
  • Sixteen loading positions including convertible drive-in capability for diverse logistics operations.
  • Large acreage allowing efficient truck flow, staging, and outdoor operational use.
  • Direct access to the New Jersey Turnpike, I-295, and the Delaware Memorial Bridge for regional connectivity.
  • Heavy three-phase power, LED lighting, and dry sprinkler system support modern industrial demands.

Executive Summary

45 Griffith Street presents a rare opportunity to acquire a strategically positioned industrial asset within the Southern New Jersey logistics corridor. Located in Salem, this property combines functional warehouse infrastructure with advantageous regional connectivity, offering direct access to the New Jersey Turnpike, Interstate 295, and the Delaware Memorial Bridge, all within approximately nine miles of the site. This positioning allows users and investors to leverage efficient routes into Greater Philadelphia, Delaware, and the broader Mid-Atlantic distribution network.
The property features a robust industrial specification designed to support a wide range of production, storage, and distribution uses. The building includes sixteen dock-height loading positions, one of which can serve as a drive-in, providing flexible loading options for varied freight operations. Six-inch concrete floors, heavy 880-AMP three-phase power, LED warehouse lighting, and a dry sprinkler system create a reliable environment for modern industrial activity. Rail service further enhances logistical versatility, an increasingly scarce and valuable attribute among regional industrial offerings.
The site spans 12.13 acres, offering ample yard, staging, and truck maneuverability. Proximity to multiple state routes, including NJ-49 and NJ-45, positions the property within a well-connected local road network that ties directly into major interstate systems. This enhances access for employee commutes as well as outbound delivery channels. The broader Salem County area also offers a cost-effective operational setting, making it attractive for expansion, consolidation, or long-term strategic investment.
With its strong infrastructure, transportation advantages, and sought-after rail access, 45 Griffith Street stands as a compelling acquisition opportunity for users and investors seeking a functional, well-located industrial asset within a high-utility logistics corridor.

Property Facts

Price $9,200,000
Price Per SF $100
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 12.13 AC
Rentable Building Area 92,000 SF
No. Stories 2
Year Built/Renovated 1966/2012
Tenancy Single
Parking Ratio 0.27/1,000 SF
Clear Ceiling Height 34’
No. Dock-High Doors/Loading 16
No. Drive In / Grade-Level Doors 1
Zoning C - Commercial

Utilities

  • Lighting - Mercury
  • Water - City
  • Sewer - City
  • Heating - Gas

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 80,000 SF
  • Industrial
  • -
  • 30 Days

Positioned in Salem, NJ, 45 Griffith Street presents a rare opportunity to acquire a high-clearance industrial facility with robust infrastructure and strategic regional access. This 92,000 SF property comprises 80,000 SF of warehouse space and a 12,000 SF mezzanine office, all situated on a generous 12.13-acre parcel. The building features 34-foot ceiling heights, 16 dock-high doors, and one drive-in bay, making it ideal for logistics, distribution, or manufacturing operations. Heavy-duty 3-phase power (880 AMP), LED lighting, and a dry sprinkler system support high-performance industrial use. The site benefits from proximity to major transportation corridors including NJ Route 49, Route 45, U.S. Route 40, and Interstates I-295 and the New Jersey Turnpike—all within 9 miles—offering seamless connectivity to the Delaware Memorial Bridge and broader Mid-Atlantic markets. The property's location within Salem County provides access to a skilled labor pool and potential local business incentives. With ample yard space and a durable 6-inch floor slab, this asset is well-equipped for heavy equipment and high-volume operations. Whether for owner-occupancy or investment, 45 Griffith Street offers a compelling mix of scale, infrastructure, and location in a supply-constrained industrial market.

  • Mezzanine
  • 12,000 SF
  • Office
  • -
  • 30 Days
Space Size Space Use Condition Available
1st Floor 80,000 SF Industrial - 30 Days
Mezzanine 12,000 SF Office - 30 Days

1st Floor

Size
80,000 SF
Space Use
Industrial
Condition
-
Available
30 Days

Mezzanine

Size
12,000 SF
Space Use
Office
Condition
-
Available
30 Days

1st Floor

Size 80,000 SF
Space Use Industrial
Condition -
Available 30 Days

Positioned in Salem, NJ, 45 Griffith Street presents a rare opportunity to acquire a high-clearance industrial facility with robust infrastructure and strategic regional access. This 92,000 SF property comprises 80,000 SF of warehouse space and a 12,000 SF mezzanine office, all situated on a generous 12.13-acre parcel. The building features 34-foot ceiling heights, 16 dock-high doors, and one drive-in bay, making it ideal for logistics, distribution, or manufacturing operations. Heavy-duty 3-phase power (880 AMP), LED lighting, and a dry sprinkler system support high-performance industrial use. The site benefits from proximity to major transportation corridors including NJ Route 49, Route 45, U.S. Route 40, and Interstates I-295 and the New Jersey Turnpike—all within 9 miles—offering seamless connectivity to the Delaware Memorial Bridge and broader Mid-Atlantic markets. The property's location within Salem County provides access to a skilled labor pool and potential local business incentives. With ample yard space and a durable 6-inch floor slab, this asset is well-equipped for heavy equipment and high-volume operations. Whether for owner-occupancy or investment, 45 Griffith Street offers a compelling mix of scale, infrastructure, and location in a supply-constrained industrial market.

Property Taxes

Property Taxes

Parcel Number
13-00010-0000-00001
Land Assessment
$353,300
Improvements Assessment
$765,900
Total Assessment
$1,119,200
  • Listing ID: 37331576

  • Date on Market: 12/12/2024

  • Last Updated:

  • Address: 45 Griffith St, Salem, NJ 08079

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