300-306 W 1ST AVE ROSELLE NJ 07203
Assemblage RDV / Sale Leaseback
Marketing description
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.
Investment highlights
- 33,400 SF Warehouse
- Large Parking Lot Next Door
- Assemblage Opportunity
- Redevelopment Opportunity
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