230 Jefferson StNewark, NJ 07105

This fee-simple mixed-use building at 230 Jefferson St, Newark, NJ 07105, offers a compelling distressed sale opportunity. The 2,700 square foot property, renovated in 1979, is zoned for commercial use and boasts three units, providing flexibility for multi-tenant occupancy or owner-user scenarios. Located in the desirable South Ironbound area, this building benefits from high visibility and accessibility, making it ideal for a variety of businesses. The asking price is $550,000, translating to $203.70 per square foot. Please note that showings are delayed without a prior Letter of Intent and the existing tenancy is not cooperative. Security measures, including guard dogs, are in place on the property. This prime retail/free-standing building presents a significant investment opportunity in a dynamic market. The property is situated in Essex County, New Jersey, with a zip code of 07105. The building's location provides excellent access to major transportation routes and amenities. This is a unique chance to acquire a well-located commercial property at a below-market price. Serious inquiries only.