For Sale
$1,200,000
104 Market St Newark, NJ 07102
High-Yield Retail Investment, Vacant
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Three-story, 5,000 square foot storefront at 104 Market Street, Newark, NJ.
- Currently vacant, offering significant value-add potential.
- Features ground-level retail, two floors of commercial space, and a full basement; zoned RDV.
- $1,200,000 asking price ($240/SF), with a 10.28% cap rate and $123,314 NOI.
- Two units, ready for immediate occupancy; vacated April 11, 2021.
Property Details for 104 Market St
- Property type
- Retail properties, Retail space
- Square Feet
- 5,000 SF
- Stories
- 3
- Units
- 2
Location Insight
- City
- Newark
- County
- Essex
- State
- New Jersey
- Latitude
- 40.7361421
- Longitude
- -74.1747338
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Yield Retail Investment, Vacant
- Where is the retail property located?
- The property is located at 104 Market St Newark, NJ.
- What is the asking price?
- The asking price for this property is $1,200,000.
- What are key features of this property?
- This property features: Three-story, 5,000 square foot storefront at 104 Market Street, Newark, NJ.; Currently vacant, offering significant value-add potential.; Features ground-level retail, two floors of commercial space, and a full basement; zoned RDV.
- How can I contact the broker?
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