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Niraj Parikh

parikhrealty@gmail.com +1(848) 565-5006

$1,400,000

Est. payment - /mo

3,920 Sqft Lot

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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

NEARBY SCHOOLS & PROPERTIES

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(848) 565-5006

parikhrealty@gmail.com

New Jersey, United States

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170 Mcwhorter St Newark City, NJ 07105