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In-PersonVirtual Tour
$ 1,400,000
Est. payment | /mo
3,920 Sqft Lot
$ 1,400,000
Est. payment | /mo
3,920 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Ironbound
MLS Listing ID 3966004
Annual Tax Amount $10,773
Tax Year 2024
Lot Size 3,920 Sqft
Property Description
For Sale: 7,200 Sq Ft Commercial Property in Newark's Ironbound Section. Versatile 4-unit commercial property located in the heart of the Ironbound section of Newark. This 7,200 sq ft building offers a diverse mix of tenants. Each unit consists of 1,800 sqft Unit 1: Warehouse space with attached office, Unit 2: Fully operational restaurant, Unit 3: Art studio, Unit 4: Karate studio. Ideal for investors or owner-occupants seeking a high-visibility location with established uses and income potential. Don't miss this rare opportunity in one of Newark's most vibrant commercial corridors. Adjacent properties at 168 McWhorter St and 67-70 Garden St are also available for offer individually or as part of a package deal. Prime location, excellent accessibility, and strong upside potential
Location
State NJ
County Essex
Zoning Commercial
Interior
Heating Gas-Natural
Cooling See Remarks
Flooring Concrete
Equipment See Remarks
Heat Source Gas-Natural
Exterior
Exterior Feature ConcBrd
Utilities Available Electric, Gas In Street
Roof Type Flat
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by RE/MAX FIRST REALTY II
28 Valley Road Suite 1, Montclair, Jersey, 07042, United States