39,088 SF | Office and Warehouse Building For Sale | 1.85 Acre Lot Size | 21 Units

409 Minnisink Rd Totowa, NJ 07511

409 Minnisink Rd, Totowa, NJ, 07511
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$4,488,888
Last Verified:
Dec 29, 2023

Highlights

  • Lot Size: 80,412 SF or 1.85 Acres (106' x 425')
  • Building Size: 39,088 SF
  • Taxes: $47,580
  • Zoning: B-2 (Local Business District)
  • Frontage on Minnisink Rd: 106 ft
  • Year Built: 1980
  • Parking Spaces: 100+

Description

The Elia Realty Group (ERG) powered by KW Commercial is proud to present an exciting new opportunity to own a piece of Totowa, NJ!

This 1980-built property in Totowa, NJ, stands as a robust example of construction with its all-steel and concrete structure. Boasting 39,088 square feet of office space and an additional 12,000 square feet dedicated to warehousing, the property provides a versatile layout. Situated on 1.85 acres of land, this building combines durability with ample space, offering a strategic location for various business needs in the heart of Totowa.

Totowa, located in Passaic County, New Jersey, is a charming suburban town with a rich history dating back to the 18th century. Known for its tree-lined streets and diverse residential neighborhoods, Totowa offers a mix of single-family homes and modern developments. The town provides a convenient and family-friendly environment, with local parks, schools, and proximity to major highways, making it an attractive community for residents seeking a balance between suburban tranquility and urban accessibility.


Year Built: 1980
Building Size: 39088sq ft
Building Class: C
Lot Size: 1.85 acres

Map of 409 Minnisink Rd, Totowa, NJ, 07511

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.