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343 Somerset St
9,300 SF Industrial Building Stirling, NJ 07980 £1,988,230 (£214/SF)
INVESTMENT HIGHLIGHTS
- Ample parking is available, and an adjoining lot included in the sale offers opportunities for expansion or additional parking needs.
- The property is equipped with a comprehensive Fire and Security System throughout.
- The Warehouse boasts an impressive clear ceiling height of 14 feet 6 inches and includes a convenient 12 feet by 12 feet drive-in door.
- The kitchen and office flooring were updated in 2023, providing a fresh and inviting workspace.
- The electrical infrastructure is robust, offering 600 amps of 3-phase power at 230 volts.
- The building received an upgrade in 2021 with the installation of modern LED lighting, significantly improving illumination and energy efficiency.
EXECUTIVE SUMMARY
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | £1,988,230 | Rentable Building Area | 9,300 SF |
| Price Per SF | £214 | Number of Floors | 1 |
| Sale Type | Owner User | Year Built/Renovated | 1950/2023 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Parking Ratio | 2.15/1,000 SF |
| Building Class | B | Clear Ceiling Height | 14 ft 6 in |
| Lot Size | 0.52 AC | Level Access Doors | 1 |
| Price | £1,988,230 |
| Price Per SF | £214 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.52 AC |
| Rentable Building Area | 9,300 SF |
| Number of Floors | 1 |
| Year Built/Renovated | 1950/2023 |
| Tenancy | Single |
| Parking Ratio | 2.15/1,000 SF |
| Clear Ceiling Height | 14 ft 6 in |
| Level Access Doors | 1 |
AMENITIES
- Air Conditioning
UTILITIES
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
This property features a Warehouse and Light Manufacturing Building situated on over half an acre within an L-2 Light Industrial Zone. The structure comprises 8340 of Warehouse space and approximately 1000 additional square feet designated for Office use. The Warehouse boasts an impressive 14 feet 6 inch clear ceiling height, with a convenient 12 feet by 12 feet drive-in door. The electrical infrastructure is robust, offering 600 amps, 3-phase power, at 230 volts. The property is equipped with a comprehensive Fire and Security System throughout. In 2019, warehouse camera system was installed. 2020, HVAC motor was replaced, ensuring efficient climate control. In 2020, a new roof membrane was added, backed by a 10-year warranty for peace of mind. Subsequently, in 2021, the building received an upgrade with the installation of modern LED lighting, significantly improving illumination and efficiency. The kitchen was updated in 2023 along with upgraded office flooring, providing a fresh and inviting workspace. Lastly, on October 1st, 2023, new loading door springs were installed. There's ample parking available, and an adjoining lot included in the sale, presents opportunities for expansion or additional parking needs.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 8,600 SF | Industrial | - | 120 Days |
1st Floor
| Size |
| 8,600 SF |
| Space Use |
| Industrial |
| Condition |
| - |
| Available |
| 120 Days |
1st Floor
| Size | 8,600 SF |
| Space Use | Industrial |
| Condition | - |
| Available | 120 Days |
This property features a Warehouse and Light Manufacturing Building situated on over half an acre within an L-2 Light Industrial Zone. The structure comprises 8340 of Warehouse space and approximately 1000 additional square feet designated for Office use. The Warehouse boasts an impressive 14 feet 6 inch clear ceiling height, with a convenient 12 feet by 12 feet drive-in door. The electrical infrastructure is robust, offering 600 amps, 3-phase power, at 230 volts. The property is equipped with a comprehensive Fire and Security System throughout. In 2019, warehouse camera system was installed. 2020, HVAC motor was replaced, ensuring efficient climate control. In 2020, a new roof membrane was added, backed by a 10-year warranty for peace of mind. Subsequently, in 2021, the building received an upgrade with the installation of modern LED lighting, significantly improving illumination and efficiency. The kitchen was updated in 2023 along with upgraded office flooring, providing a fresh and inviting workspace. Lastly, on October 1st, 2023, new loading door springs were installed. There's ample parking available, and an adjoining lot included in the sale, presents opportunities for expansion or additional parking needs.
PROPERTY TAXES
| Parcel Number | 30-11605-0000-00007 | Improvements Assessment | £679,895 |
| Land Assessment | £92,333 | Total Assessment | £772,228 |
PROPERTY TAXES
ZONING
| Zoning Code | I-2 (Light Industrial/Distribution) |
| I-2 (Light Industrial/Distribution) |
Presented by
343 Somerset St
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