1,540 SF Retail | 6,917 SF Lot Size | Owner-user or Investment Opportunity

252-258 14th Avenue Newark, NJ 07103

252-258 14th Avenue, Newark, NJ, 07103
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FOR SALE
Property Type:
Street Retail
Amount:
$698,888
Last Verified:
Oct 23, 2024

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Highlights

  • - 6,917 SF Retail | Owner-user or Investment Opportunity
  • - 1,540 SF Retail Building
  • - Zoned General Commercial | Auto Site
  • - Tenant Pays $6,000/month | Delivered Vacant or Occupied
  • - Ideal for a wide range of retail ventures
  • - Strategic positioning in Newark's thriving landscape
  • - Flexible space for retail investors
  • - Appeals to diverse retail investment strategies

Description

The Elia Realty Group powered by KW Commercial are proud to present a prime investment opportunity in Northern, NJ's vibrant retail market: a 6,917 SF Retail | Owner-user or Investment Opportunity. This property, with its versatile 1-unit layout, is ideally positioned in Newark's thriving landscape. Zoned General Commercial, the building offers the flexibility to accommodate a wide range of retail ventures. With generous space and a strategic location, it presents an appealing prospect for retail investors seeking to make their mark in this dynamic area. Don't miss the chance to capitalize on this exceptional retail investment in Northern, NJ's bustling commercial scene.

Discover a prime investment opportunity in Northern, NJ's vibrant retail market at this sought-after location. Situated in the heart of Newark at 14th Avenue, this 6,917 SF Retail space presents an enticing proposition for owner-users and investors alike. The area boasts a dynamic mix of nearby points of interest, including the bustling Market Street, bustling with a diverse collection of retail and dining options. With convenient access to major transportation routes and a growing population, this location offers the ideal setting for a successful retail venture. Embrace the potential of this thriving market and make your mark in Newark's exciting retail landscape.

Building Size: 6917sq ft
Lot Size: 0.16 acres

Map of 252-258 14th Avenue, Newark, NJ, 07103

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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.