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59-65 Mcwhorter StNewark, NJ 07105

130,000 SF Retail/Restaurant Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional commercial property, located at 59-65 McWhorter Street in Newark, New Jersey, presents a unique investment opportunity. The property encompasses a substantial 130,000 square feet of retail and restaurant space, situated on a 0.4-acre lot. Currently, there is 3,926 square feet of vacant space available, ideal for a variety of businesses seeking a high-visibility location in a bustling area. The building's multiple tenancy structure offers flexibility and potential for diverse income streams. The property's address is 59-65 McWhorter Street, Newark, NJ 07105, providing easy access to major transportation routes and a dense population base. This prime location offers significant foot traffic and visibility, making it an attractive proposition for businesses seeking to establish or expand their presence in the Newark market. The available 3,926 square feet of vacant space presents a chance to customize the space to meet specific business needs. With its substantial size and strategic location, this property is well-suited for a variety of retail and restaurant concepts. The property's overall size and multiple tenancy structure provide a solid foundation for long-term growth and profitability. Serious inquiries are encouraged to explore this exciting opportunity further.

Highlights

  • 130,000 SF building size.
  • 3,926 SF of available space.
  • Suitable for coffee shops, bakeries, restaurants, wellness centers, grocery stores, and juice bars.
  • Features high ceilings, floor-to-ceiling windows, and a modern design.
  • 0.4-acre lot (Block 194, Lot 10).
  • 2024 Taxes: $25,294.48.

Property Details for 59-65 Mcwhorter St

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
130,000 SF

Unit(s) available at that property

Space
1 st Floor & Basement
Size
3,926 SF

Location Insight

City
Newark
County
Essex
State
New Jersey
Latitude
40.7309758
Longitude
-74.1656387
59-65 Mcwhorter St, Newark, New Jersey

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59-65 Mcwhorter St
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