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Investment Highlights

  • High Ceilings
  • Heavy Power, Renovated offices
  • Large Paved lot

Executive Summary

9350 square foot warehouse on 20,000 square foot lot. Lot is Paved. Large entrances for trucks on Godwin Ave and 12th Ave. Warehouse contains 3 Drive in Doors. Ceiling heights range between 14-30 feet. Newly renovated offices, 3 bathrooms. 2,000A, 480V, 3-phase power. Zoned industrial. Call/Text 516-907-9000
RARE PATERSON WAREHOUSE + ADJACENT PROPERTY OPPORTUNITY
Two Properties • One Strategic Acquisition • Asking $2,700,000
223 Godwin Ave, Paterson, NJ 07501
Together with adjacent 218–220 12th Ave, Paterson, NJ 07501
ASKING PRICE: $2,700,000
Opportunities to acquire adjacent commercial properties in one transaction don't come along every day.
This offering combines the warehouse property at 223 Godwin Avenue with the adjacent property at 218–220 12th Avenue, giving an investor, owner-user, developer, or growing business the opportunity to control a larger contiguous footprint in Paterson.
WHY BUYERS SHOULD TAKE A CLOSER LOOK
CONTROL THE ADJACENT PROPERTY.
Owning neighboring parcels can provide something a standalone building cannot: greater control over how the overall property is used today and positioned for tomorrow.
WAREHOUSE + ADDITIONAL PROPERTY.
Instead of purchasing a warehouse and later wishing you had more room, this offering provides the opportunity to acquire the warehouse together with the adjacent property from the start.
OWNER-USER POTENTIAL.
For a business looking for a long-term location, ownership can mean control over the property rather than remaining dependent on a landlord.
INVESTMENT & VALUE-ADD POTENTIAL.
For investors and developers, the combination of adjacent properties may create possibilities worth investigating, subject to zoning, approvals, property conditions, and the buyer's intended use.
THE OPPORTUNITY
223 Godwin Ave + 218–220 12th Ave
Paterson, New Jersey 07501
OFFERED TOGETHER FOR $2,700,000
The value here isn't simply in looking at each address separately.
It's the opportunity to control both.
A serious buyer should evaluate the properties, the combined footprint, existing improvements, permitted uses, and potential future possibilities before overlooking an opportunity that may be difficult to replicate once it is sold.
Schedule a private showing and review the opportunity for yourself.
Qualified buyers and brokers welcome.
All information is subject to verification. Buyers should independently verify square footage, lot dimensions, zoning, permitted uses, taxes, building condition, environmental matters, and development or redevelopment potential. No future use, approval, income, or development outcome is guaranteed.

Property Facts

Price $3,744,954 CAD
Price Per SF $258.27 CAD
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Build to Suit
  • Bulk/Portfolio Sale
  • Redevelopment Project
Property Type
Industrial
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Truck Terminal
Building Class C
Lot Size 0.48 AC
Rentable Building Area 14,500 SF
No. Stories 2
Year Built 1940
Tenancy Single
Clear Ceiling Height 30’
No. Drive In / Grade-Level Doors 3
Zoning I-1 - Industrial

Amenities

  • Front Loading
  • Mezzanine
  • Security System
  • Storage Space
  • Air Conditioning
  • Fiber Optic Internet
  • Breakroom

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
Exceptionally walkable
90/100
Fairly drivable
50/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 08-03506-0000-00026
  • 08-03506-0000-00027
Land Assessment
$831,241 CAD
Improvements Assessment
$1,210,591 CAD
Total Assessment
$2,041,832 CAD
  • Listing ID: 41770301

  • Date on Market: 2026-08-16

  • Last Updated:

  • Address: 223 Godwin Ave, Paterson, NJ 07501

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