Vacant Shop Space | Outdoor Storage Yard 2000 Rt-35

2000 Route 35 presents an exceptional investment opportunity in South Amboy, New Jersey. This 1.07-acre property features a two-story, 4,887-square-foot mechanic shop with an office, offering significant potential for owner-users or investors. The site is currently utilized as a contractor’s yard and will be delivered vacant at the time of sale. Originally built in 1975, the property was most recently leased to Tarheel Enterprises, a concrete contractor. The B-3 zoning designation allows for a wide range of potential uses, including auto repair, car wash, vehicle sales, childcare, restaurants, retail, office space, and essential services. New ownership has the flexibility to utilize the space for their business operations, lease it out at market rates for passive income, or implement a hybrid approach by occupying a portion while leasing the rest. This versatile property offers strong investment potential in a strategic location.

The Perth Amboy/GSP Industrial Submarket is an excellent place for investors largely due to its connectivity. This is a regional commercial hub for Southern New Jersey, with much of the warehouse product located near the ports. About 1.2 million square feet of new leasing activity has been recorded in the first three quarters of 2024. This figure is more than three times the amount recorded over a year ago. Over the past year, sizable leases by Ras Logistics, Paragon Packaging, and Elogistek have been signed within the submarket. Driving tenant demand is the fact that the submarket's Middlesex County location, about 25 miles southwest of Manhattan and 75 miles northeast of Philadelphia, allows distributors to reach more than a third of the US population in a day's drive. This location also gives the submarket quick access to the Port of Newark and Elizabeth and Newark Liberty International Airport, both about 15 miles to the north. Over the past year, $46.0 million has changed hands. Driving recent sales volume was the purchase of 85 New Brunswick Avenue, a 101,000-square-foot warehouse in Woodbridge, for $32 million.

South Amboy is an excellent place for investment as a part of the central region of Middlesex County. The Jersey Shore and New York City are only a quick drive away, about 40 miles from Midtown Manhattan. Route 35 and Garden State Parkway easily connect this asset to all of New Jersey, and the quick accessibility makes travel up and down the East Coast a possibility. Newark Liberty International Airport and Port Elizabeth are available for the transportation of goods. 2000 Route 35 is the perfect place for businesses in need of a turnkey opportunity with excellent accessibility.

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