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Property Detail

Mundet Place
480 Mundet Place is a luxury retail/industrial building on 3.7 acres.
$34,888,000

Description

480 Mundet Place is a luxury retail/industrial building on 3.7 acres. It is the finest building in the Tri-State area, with the facility's interior and exterior in immaculate condition. Newark International Airport is five minutes away, Port Newark is 10 minutes away, and Manhattan is 25 minutes away. The Teterboro Airport (TEB) is 25 minutes away, and Morristown Municipal Airport (KMMU) is 12 minutes away. Hillside, New Jersey, is a congestion-free industrial zone. There is no traffic, and it is a beautiful site. Driving customers will avoid four hours of traffic, compared with going in and out of Brooklyn and Queens.

Perfect for art dealers, luxury car showrooms or rentals, film production studios, distribution, farming, manufacturing, and especially woodworking plants, with a built-in 30-foot long heated positive pressure spray booth, full metal shop, full upholstery shop, and photography studio. The building is dry and is not in a flood zone.

Heavy 3-phase power at 120V, 220V, and 440V is distributed copiously throughout the building. Air and natural gas (both high-pressure and low-pressure) are also distributed throughout. The property is fully sprinkled, fully fenced, and fully alarmed with interior and exterior security cameras and perimeter lighting. 480 Mundet Place has six loading docks and two drive-in doors.

The 68,500-square-foot existing building includes a 10,000-square-foot addition currently in the permitting phase. This additional 10,000 square feet can be customized to suit buyer needs. The roof is under warranty through July 2032. New HVAC systems, windows, paint, and lighting are also included. The building must be seen in person and available for viewing by appointment only. No walk-in visits are allowed.

480 Mundet Pl

Listing ID : 00782

SKU: 782

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Price History

DateEventPrice
December 10 2024Listed$34,888,000.00