315 Mechanic Street, 115 Cedar Street 311-321 Mechanic St 30,000 SF 92% Leased Industrial Building Boonton, NJ 07005 $6,894,300 CAD ($229.81 CAD/SF)

These three properties, comprising of 5 buildings, including over 30,000 SF of warehouse, three residential units and a parking lot, occupy a significant footprint in the heart of Boonton's established industrial corridor, situated along contiguous lots with street-to-street access that provides exceptional ingress and egress for commercial tenants and logistics operations alike. The sites benefit from direct connectivity between Division Street, Mechanic Street, and Cedar Street — a rare configuration that affords flexibility for a variety of commercial, industrial, and mixed-use users.
Boonton's industrial market has demonstrated remarkable resilience, driven by its strategic position along the Routes 202 and 287 corridor and its proximity to regional distribution infrastructure. The town's zoning supports a broad range of commercial and industrial uses, and the limited availability of properties of this scale has kept demand consistently strong.
What makes these offerings particularly compelling is the development potential that comes with their location. Situated less than half a mile from the Boonton NJ Transit rail station, the properties sit at the intersection of an active industrial market and the kind of transit proximity that increasingly attracts mixed-use and residential redevelopment interest — giving investors both a strong income story today and a compelling long-term opportunity.