Industrial/Multifamily Investment Property with 16' Ceilings

Investment Overview

456 Walker Street and 231 8th Street present a rare mixed-use industrial, office and residential opportunity in Fairview, Bergen County, New Jersey. The offering totals approximately 5,412 SF across four units/components on two tax lots - Block 311, Lot 3 and Block 311, Lot 7 - and includes a separate lot. The warehouse/industrial component consists of approximately 4,000 SF with approximately 16 FT ceiling height, one drive-in, heavy floor load capacity, floor drains, cranes, compressors and HVAC. It also features renovated office space, a full bathroom, a safe and a full video/audio security system, and was previously occupied by a construction-related tenant. The residential component totals approximately 1,412 SF and consists of two units: a 3 bedroom / 1 bathroom unit and a 2 bedroom / 1 bathroom unit. Originally built in 1892 and renovated in 2022, the two-story, free-standing block and wood building is zoned RC and offers approximately 8-10 parking spaces, cooking gas, and separate electric and separate gas service. There are no known environmental issues.

Investment Highlights

• Approx. 4,000 SF warehouse with approx. 16 FT ceilings
• Approx. 1,412 SF residential component - two units (3BR/1BA and 2BR/1BA)
• Drive-in access and heavy floor load capacity
• Floor drains, cranes and compressors in place
• Renovated office space and full bathroom within the industrial/office component
• HVAC; cooking gas, separate electric and separate gas
• Approx. 8-10 parking spaces