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Investment Highlights
- Municipal water and sewer service support industrial operations.
- Convenient access to regional ports, airports, bridges, and tunnels.
Executive Summary
46-49 Canal Street presents an industrial investment opportunity in Paterson, New Jersey, featuring a ±20,000-square-foot manufacturing and warehouse facility situated on 1.70 acres. The property is configured for industrial operations with approximately 18'6" clear height, two loading docks, office space, municipal water and sewer service, and natural gas heating. The asset is currently occupied by multiple tenants, including Coyne Chemical and KLI Chemical, providing in-place income with additional upside potential through future leasing strategies and occupancy optimization.
Property Facts
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1987 |
| Property Subtype | Manufacturing | Clear Ceiling Height | 18’6” |
| Building Class | C | No. Dock-High Doors/Loading | 2 |
| Lot Size | 1.70 AC | Opportunity Zone |
Yes
|
| Rentable Building Area | 20,000 SF | ||
| Zoning | I-2 | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 1.70 AC |
| Rentable Building Area | 20,000 SF |
| No. Stories | 1 |
| Year Built | 1987 |
| Clear Ceiling Height | 18’6” |
| No. Dock-High Doors/Loading | 2 |
| Opportunity Zone |
Yes |
| Zoning | I-2 |
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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Very walkable
80/100
Moderately drivable
70/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 08-05509-0000-00018 | Improvements Assessment | $2,815,100 |
| Land Assessment | $877,300 | Total Assessment | $3,692,400 |
Property Taxes
Parcel Number
08-05509-0000-00018
Land Assessment
$877,300
Improvements Assessment
$2,815,100
Total Assessment
$3,692,400
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46-49 Canal St
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