Type:
Investment Sales
Sq Ft:
33,370
Units:
New Jersey
Type:
Sq Ft:
Units:
300–306 West 1st Avenue offers a unique opportunity to reposition a ±33,370 SF, three-story industrial building in a prime Roselle location. The property is currently owner-occupied and presents strong potential for a sale-leaseback structure.
While the building requires modernization—including no HVAC and a non-operational elevator—it provides significant upside for investors and owner-users. The roof was replaced approximately three years ago, and both Phase I and Phase II environmental reports have been completed with clean results, helping to streamline due diligence.
The property also benefits from a large adjacent parking lot, enhancing usability for a variety of industrial or commercial applications. Strategically located with access to major transportation routes and regional infrastructure, this is a compelling opportunity to unlock value through renovation, repositioning, or redevelopment in a supply-constrained market.
Block & Lot:
4701 & 4701-10
Cross Streets:
E Westfield Ave & 1st Avenue
Units:
2
Total Approx. SF:
33,370
Zoning:
MX