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WAREHOUSE/INDUSTRIAL BUILDING FOR SALE City of Plainfield, Union County, NJ PROPERTY DESCRIPTION Existing 55,140 SF industrial building built in 1929 on 3 floors measuring 17,380 SF each and a 3,000 SF usable basement. The ground floor includes a retail/showroom area of approximately 5,000 SF (62’ x 81’). 2 roll- up/drive-in bays, 10’ – 11’ ceiling height. ZONING -TODD/CLAD – Transit Oriented Development Downtown which allows for various commercial and high density residential uses, inquire with broker COMMENTS One block from recently renovated Plainfield Train Station NJ Transit; Conveniently located 1.5 miles from NJ State Route 22 and 0.3 miles from NJ State Route 28 (Front Street); Potential secured parking in private lot for tenants (per external contract); Single owner/operating tenant since 1983; Electric/Gas; PSE&G - 208V/3P/600AMPS Sewer & Water: Plainfield Municipal Utility Authority LOCATION 130- 140 E 5 th Street Plainfield, NJ 07060 Identified as Lot 5 in Block 835 BUILDING SIZE 55,140 SF (each floor measures ±150’ x ±118’) OFFERING PRICE $3,000,000 all cash on closing Real Estate Taxes $16,660 Estimated 2018 PARKING Free street parking on E 5th Street & Cleveland Avenue DEMOGRAPHICS 2017 projection 2 Mile Radius Population 30,976 Median HH Income $85,193 Average HH Income $103,516 Median Age 39.4 Total Households 11,790 Daytime Population 34,606 3 Mile Radius Population 59,859 Median HH Income $91,962 Average HH Income $111,482 Median Age 40.4 Total Households 22,652 Daytime Population 51,925 5 Mile Radius Population 118,672 Median HH Income $100,065 Average HH Income $123,812 Median Age 41.3 Total Households 44,269 Daytime Population 90,227 Although all information furnished regarding property for sale, rental or financing is from sources deemed reliable such information has not been verified, and no express representation is made nor is any to be implied as to the accuracy thereof, and it is submitted subject to errors, omissions, changes of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. www.SilbertRealEstate.com REALTY & MANAGEMENT COMPANY, INC. SILBERT FOR ADDITIONAL INFORMATION OR INSPECTION CONTACT: Joel D. Tomlinson, Ass’t VP Retail Brokerage 908.604.6900 x 108 [email protected] 152 Liberty Corner Road, Suite 203, Warren, NJ 07059 908-604-6900 • 908-604-2030 fax Website: www.silbertrealestate.com • Email: [email protected]
