425-431 Chancellor Ave - Storefront FOR SALE


Newark, NJ 07112- Weequahic
$1,300,000 USD
973-210-4250
425-431 Chancellor Ave, Newark, NJ for Sale
$1,300,000 USD
Storefront - FOR SALE
1/4
null | Request Cap Rate

425-431 Chancellor Ave
Newark, NJ 07112
Weequahic


OVERVIEW

The Quinas Companies Inc. (“QCRE”) is pleased to exclusively offer the property at 425-431 Chancellor Ave in Newark, NJ for sale. The former retail property is located at the intersection of Chancellor Ave and Interstate 78, providing unrivaled visibility. The property is improved with a derelict one-story, 6,600 SF retail building that includes a basement. Plans are available for a 48-unit redevelopment, though the Property is unentitled.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$197 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,979 SF

ZONING

C2/R2

APN/PARCEL ID

14-03732-0000-00051

ASK ABOUT THIS PROPERTY

Ryan CerqueiraThe Quinas Companies Inc.More Info
973-210-4250

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Ryan CerqueiraThe Quinas Companies Inc.More Info
973-210-4250

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.