For Sale
$1,300,000

383 11Th StNewark, NJ 07103

8,400 SF Vacant Warehouse, Ideal Owner/User

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a vacant 8,400-square-foot warehouse building situated on an 8,500-square-foot lot at 383 S 11th St, Newark, NJ 07103. The single-story Class B warehouse boasts a 13-foot ceiling height and features a single drive-in loading door measuring 11' x 11.5'. Conveniently located off S. Orange Avenue with easy access to major highways, this property is zoned under the Fairmount Commons Redevelopment Plan. Recent upgrades enhance its appeal, including a renovated roof, updated facade, modernized offices and bathrooms, and improved lighting systems. The property is being offered at $1,300,000 and will be delivered vacant upon closing. The building's 8,400 square feet of net rentable space is ideal for owner-occupiers seeking a functional and well-maintained industrial space. The 2024 property taxes are estimated at $6,625. Block and lot numbers are 1784/32. This is a prime opportunity for businesses seeking a strategic location and a move-in ready warehouse. Don't miss this chance to acquire a well-maintained industrial property in a desirable location.

Highlights

  • $1,300,000 asking price for an owner-user investment opportunity.
  • 8,400 square foot vacant warehouse in Newark, NJ.
  • Class B, single-story building on an 8,500 square foot lot.
  • Features 13-foot ceilings and one drive-in loading door.
  • Recent upgrades include roof, facade, offices, bathrooms, and lighting.

Property Details for 383 11Th St

Property type
Warehouses, Industrial properties
Square Feet
8,400 SF
Class
B
Buildings
1
Stories
1
Units
1

Location Insight

City
Newark
County
Essex
State
New Jersey
Latitude
40.74103883769
Longitude
-74.201368412259
383 11Th St, Newark, New Jersey

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383 11Th St
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