Well maintained property, ideally situated within easy walking distance of Rutgers University and the New Jersey Institute of Technology, as well as all major transportation links.
This mixed-use property in the IRONBOUND section of Newark presents a FANTASTIC OPPORTUNITY for those looking to start their own business or invest in a rental property. It consists of two separate residential houses and one commercial unit currently operating as a restaurant and bakery. One of the houses consists of 2 large updated bedrooms and 2 bathrooms, while the other has 3 bedrooms and 1 bathroom. Both houses feature beautiful hardwood floors throughout, updated kitchens, central AC, in-unit laundry, parking, and a basement. The property is fully leased with great tenants. It is located in a mixed district business and residential area, just one block away from Route 21 and a 5-10 minute drive to Newark airport. Additionally, it is within walking distance of Newark Penn Station, making it a must-see property. PLEASE DO NOT DISTURB THE TENANTS.
Opportunity for new construction development mix unit in the North ward economic development zone. Existing structure is commercial & can be converted to mix use residential zoning with variance approval. Attractions are as follows, close to NJ Transit Light Rail System offering a 14 minute ride to Newark Penn Station, historic Branch Brook park with an annual cherry blossom festival, Branch Brook tower will be the first 40 floor building luxurious building to ever be built within the city of Newark within a minute walking distance & one mile from public golf course. Location also is zoned for a possible liquor license Upon inquiry information can be furnished to assist with liquor license. Additionally other features include adjacent towns, Belleville, Nutley & Clifton.
Great location in a bustling high visibility area. Newly renovated with fully functioning kitchen. Prior establishment use was a bar & grill. Landlord may consider other established business ideas with credit check 7 3.5 months security.
location location highway 280 exit 13 right into this property this building has full basement and owner is operating auto parts shop and hardware shop together seller is retiring
PRIME RETAIL SPACE IS NOW AVAILABLE ON CLINTON AVE IN NEWARK, NJ. LOCATED IN HIGH FOOT TRAFFIC AREA, CLOSE TO PUBLIC TRANSPORTATION AND MAJOR HIGHWAYS. HUGE POTENTIAL AND BUSINESS OPPORTUNITY. BRING YOUR IDEAS!
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All information deemed reliable but not guaranteed. Last date updated: 5/16/2024. Source: New Jersey Multiple Listing Service, Inc.