Darling Mills Industrial Park | 75 Mill St
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Darling Mills Industrial Park 75 Mill St
109,751 SF 32% Leased Industrial Building Newton, NJ 07860 £4,655,578 (£42/SF)
Executive Summary
Located in the thriving industrial hub of Newton, New Jersey, this impressive industrial property spans 4.16 acres and features four buildings, totaling a substantial 135,000 square feet of versatile space. A compelling investment opportunity, 74,630 square feet of this property remain vacant, offering potential for various commercial applications. The remaining space is currently leased, providing a steady income stream. The property features four loading docks, two drive-ins, and ample parking at 2.5 spaces per 1,000 square feet. Notably, significant renovations and upgrades have been recently completed, ensuring a modern and efficient facility. The property is also zoned for cannabis use, making it highly attractive for businesses in the emerging cannabis industry. Furthermore, the motivated seller, who is retiring, is willing to offer owner financing, making this an opportunity that should not be missed for savvy investors seeking a prime industrial property in the Garden State.
Property Facts
Price | £4,655,578 | Lot Size | 4.16 AC |
Price Per SF | £42 | Rentable Building Area | 109,751 SF |
Sale Type | Investment or Owner User | Number of Floors | 2 |
Property Type | Industrial | Year Built | 1919 |
Property Subtype | Manufacturing | Clear Ceiling Height | 19 ft |
Building Class | B | No. Dock-High Doors/Loading | 3 |
Price | £4,655,578 |
Price Per SF | £42 |
Sale Type | Investment or Owner User |
Property Type | Industrial |
Property Subtype | Manufacturing |
Building Class | B |
Lot Size | 4.16 AC |
Rentable Building Area | 109,751 SF |
Number of Floors | 2 |
Year Built | 1919 |
Clear Ceiling Height | 19 ft |
No. Dock-High Doors/Loading | 3 |
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
• 74,630 SF available for lease • Consists of two (2) buildings • Three (3) tailgates • Month-to-month lease • Renovated buildings
Space | Size | Space Use | Condition | Available |
1st Floor | 74,630 SF | Industrial | - | Now |
1st Floor
Size |
74,630 SF |
Space Use |
Industrial |
Condition |
- |
Available |
Now |
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1st Floor
Size | 74,630 SF |
Space Use | Industrial |
Condition | - |
Available | Now |
• 74,630 SF available for lease • Consists of two (2) buildings • Three (3) tailgates • Month-to-month lease • Renovated buildings
Walk Score ®
Very Walkable (70)
PROPERTY TAXES
Parcel Number | 15-00005-05-00001 | Improvements Assessment | £2,036,013 |
Land Assessment | £722,984 | Total Assessment | £2,758,997 |
PROPERTY TAXES
Parcel Number
15-00005-05-00001
Land Assessment
£722,984
Improvements Assessment
£2,036,013
Total Assessment
£2,758,997
zoning
Zoning Code | M-1,Industrial |
M-1,Industrial |
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Darling Mills Industrial Park | 75 Mill St
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