2200 Square feet of recently totally rehabbed space. One of Newark's finest areas

48 Commerce St Newark, NJ 07102

48 Commerce St, Newark, NJ, 07102
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FOR LEASE
Property Type:
Multi Tenant Office
Amount:
Please Call Broker for Price

Last Verified:
May 03, 2024

Highlights

  • - 2,200 square feet of versatile space
  • - Suitable for retail, office, or creative use
  • - Prime location with excellent visibility
  • - Open layout with high ceilings
  • - Abundant natural light
  • - State-of-the-art amenities
  • - Ample parking available
  • - Ideal for establishing a prominent business presence

Description

Introducing 48 Commerce St, a premier commercial space available for lease in the heart of Newark, NJ. This modern property offers 2,200 square feet of versatile space, ideal for office, event space or creative use. With its prime location and excellent visibility, this property presents a unique opportunity for businesses to establish a prominent presence. The open layout, high ceilings, and abundant light create an inviting atmosphere for both customers and employees. Equipped with state-of-the-art amenities and ample parking, 48 Commerce St is ready to accommodate the needs of a wide range of commercial ventures. Elevate your business in this dynamic space designed for success.

Discover the vibrant surroundings of the property in Newark, NJ! Positioned at the heart of the city's business district, the area offers an array of amenities and attractions within walking distance. Employees can enjoy convenient access to diverse dining options, such as the renowned Dinosaur Bar-B-Que and Marcus B&P. Newark's rich cultural scene includes the New Jersey Performing Arts Center and Newark Museum, perfect for inspiring team outings and client entertaining. Additionally, the property is just moments away from the Prudential Center, hosting exciting events and NHL games, providing the perfect balance of work and play for office tenants.

Building Size: 2200sq ft
Building Class: C
Lot Size: 0.05 acres

Units for Lease

48 Commerce Street
Space Available: 2200 SF
Lease Type: Modified Gross

Price Per Sqft/Month: $4000.00

Map of 48 Commerce St, Newark, NJ, 07102

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.