Investment Overview
610 Commercial Ave is a 35,000 square foot industrial warehouse located in Carlstadt, Bergen County, New Jersey. The Property benefits from zoning approvals that expressly permit cannabis cultivation and manufacturing operations, making it a rare, high-demand asset in the New Jersey cannabis market. The building offers heavy utility capacity (heavy electrical power 1,500 Amp, ample loading/parking, and proximity to major transportation routes and NYC. The Property represents an attractive acquisition opportunity for an operator seeking to open a new facility or an investor seeking long-term, regulated cash flow from licensed cannabis operations.
Investment Highlights
- Cannabis-Permitted Zoning — Extremely limited supply of cannabis-ready industrial properties in Northern New Jersey.
- Large, Contiguous Footprint — 35,000 SF offers scale for cultivation canopy and processing/packaging operations.
- Operational Flexibility — Layout supports cultivation, manufacturing (including extraction), packaging, distribution, or multi-tenant light industrial.
- Strong Logistics Position — Proximity to major highways and NYC/port markets supports distribution and sales channels.
- Value-Add Potential — Tenant fit-out and license procurement present upside via increased rent/capitalization once a licensed operator is in place.