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398 15Th Ave

Newark City, NJ 07103
  • $375,000
  • STATUS: Active
  • ON SITE: 72 Days
  • MLS #: 3786507
UPDATED: 54 min ago
$375,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,427
    SQFT
  • $155
    $/SQFT
Type:
Commercial
Built:
1970
County:
Area:

School Ratings & Info

Description

This potential investment property, which was renovated in 2010, is just minutes from downtown Newark. It offers two commercial store spaces, which is currently being rented out by the same tenant for under market rents but can easily be turned back into two separate stores for positive cash flow. Business owners bring your vision! Occupy one space, and rent out the other. Or, rent out both spaces for passive income. Possibilities are endless. This property is a brick/concrete block building consisting of over 2,427 SF. Tenants pay all utilities. More pictures coming soon.

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Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Braconi | Christie's International Real Estate | Northern New Jersey. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Braconi | Christie's International Real Estate | Northern New Jersey are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-08-14T19:46:12.727.
www.teambraconihomesales.com/homes/129445892
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398 15Th Ave Newark City, NJ 07103

  • Price: $375,000
  • Status: Active
  • On Site: 72 Days
  • Updated: 54 min ago
  • MLS #: 3786507
0
Beds
0
Baths
0
½ Baths
0.06
Acres
2,427
SQFT
$155
$/SQFT
1970
Built
County:
Essex
Area:
Newark City
Property Description
This potential investment property, which was renovated in 2010, is just minutes from downtown Newark. It offers two commercial store spaces, which is currently being rented out by the same tenant for under market rents but can easily be turned back into two separate stores for positive cash flow. Business owners bring your vision! Occupy one space, and rent out the other. Or, rent out both spaces for passive income. Possibilities are endless. This property is a brick/concrete block building consisting of over 2,427 SF. Tenants pay all utilities. More pictures coming soon.
Exterior Features

Approximate Lot Size 35.9X68 Construction Brick/BlockFormed Concrete Exterior Description Brick/BlockConcrete Location Residential Area Number Of Bays 0 Number Of Docks 0 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Finished-Partially Cooling Central Air Equipment Available AppliancesSmoke Detector Heating Radiant - Hot Water Max Ceiling Height 12 Max Door Height 7 Number Of Lavatories 2 Office Sq Ft 2427

Property Features

For Sale Or Lease For Sale Fuel Type Gas-Natural Primary Property Type Offcretl Property Type Office/Retail Sale Includes Building Only Sewer Public Sewer Suite Number 0 Tax Amount 3800 Tax Rate Amount 3.734 Tax Rate Year 2021 Tax Year 2021 Utilities Gas-Natural Utilities Paid By Tenant Water Public Water Year Built Description ApproximateRenovated Zoning R-3F

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Signature Realty Nj.


Garden State MLS logo © 2022 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Braconi | Christie's International Real Estate | Northern New Jersey. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Team Braconi | Christie's International Real Estate | Northern New Jersey are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2022-08-14T19:46:12.727.
 
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