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Page 1: WAREHOUSE/INDUSTRIAL .com BUILDING FOR SALE...WAREHOUSE/INDUSTRIAL BUILDING FOR SALE City of Plainfield, Union County, NJ PROPERTY DESCRIPTION Existing 55,140 SF industrial building

WAREHOUSE/INDUSTRIAL

BUILDING FOR SALECity 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 5th 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

PARKINGFree 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.

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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]

Page 2: WAREHOUSE/INDUSTRIAL .com BUILDING FOR SALE...WAREHOUSE/INDUSTRIAL BUILDING FOR SALE City of Plainfield, Union County, NJ PROPERTY DESCRIPTION Existing 55,140 SF industrial building

130 - 140 EAST 5TH STREET, PLAINFIELD – TAX MAP

Page 3: WAREHOUSE/INDUSTRIAL .com BUILDING FOR SALE...WAREHOUSE/INDUSTRIAL BUILDING FOR SALE City of Plainfield, Union County, NJ PROPERTY DESCRIPTION Existing 55,140 SF industrial building

130 - 140 EAST 5TH STREET, PLAINFIELD – AERIAL

SUBJECT PROPERTY

Page 4: WAREHOUSE/INDUSTRIAL .com BUILDING FOR SALE...WAREHOUSE/INDUSTRIAL BUILDING FOR SALE City of Plainfield, Union County, NJ PROPERTY DESCRIPTION Existing 55,140 SF industrial building

130 - 140 EAST 5TH STREET, PLAINFIELD – STREET MAP

130- 140 E 5th

Street

130- 140 E 5th

Street


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