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34437157
34437165

3 Locations For Sale

CC
NJ 9807944
Cervelli Real Estate & Property Management
Listed by Cervelli Real Estate & Property Management
$4,900,000
7 days on market
Updated 3 days ago

315 Mechanic Street & 115 Cedar Street & 306 Division Street

Details
Property Type Industrial, Mixed Use
Square Footage 33,183
Units 6
Tenancy Multi
Lease Type Modified
Class B
Year Built 1945
Stories 3
Lot Size (SqFt) 41,200
Parking Spaces 20 spaces
Parking per 1,000 SqFt 0.60
Ground Lease No

33,183 SF Multi Tenant Industrial/Mixed Use Properties with Street to Street access

Marketing description

These three properties, comprising of 5 buildings, including over 30,000 SF of warehouse, three residential units and a parking lot, occupy a significant footprint in the heart of Boonton's established industrial corridor, situated along contiguous lots with street-to-street access that provides exceptional ingress and egress for commercial tenants and logistics operations alike. The sites benefit from direct connectivity between Division Street, Mechanic Street, and Cedar Street — a rare configuration that affords flexibility for a variety of commercial, industrial, and mixed-use users.

Boonton's industrial market has demonstrated remarkable resilience, driven by its strategic position along the Routes 202 and 287 corridor and its proximity to regional distribution infrastructure. The town's zoning supports a broad range of commercial and industrial uses, and the limited availability of properties of this scale has kept demand consistently strong.

What makes these offerings particularly compelling is the development potential that comes with their location. Situated less than half a mile from the Boonton NJ Transit rail station, the properties sit at the intersection of an active industrial market and the kind of transit proximity that increasingly attracts mixed-use and residential redevelopment interest — giving investors both a strong income story today and a compelling long-term opportunity.

Listing Contacts

CC
NJ 9807944
Cervelli Real Estate & Property Management
Listed by Cervelli Real Estate & Property Management

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Additional Information

Name
Chris Cervelli
License
9807944
Brokerage
CERVELLI REAL ESTATE AND PROPERTY MANAGEMENT
Brokerage Phone
2018686300
Brokerage Address
1 Marine Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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