66-88 Hecker StNewark, NJ 07103

This exceptional investment opportunity presents a portfolio of three industrial properties totaling approximately 85,000 square feet on over 1.3 acres in Newark, New Jersey. The properties, located at 66-88 Hecker Street, 198-206 Sussex Street, and 33-39 Dickerson Street, are offered as a package for $19,500,000. Currently zoned C1 Commercial, this prime location sits within Newark's Urban Enterprise redevelopment zone, offering significant upside potential for developers. The properties boast convenient access to Downtown Newark, Interstate 280, NJIT, Rutgers University, Newark International Airport, and the Port of Newark. The warehouse spaces feature ceiling heights ranging from 13 to 23 feet, multiple drive-in bays, and ample parking. Currently used as a body shop and car service center, the properties present a unique opportunity for redevelopment and repositioning. The substantial square footage and strategic location make this an attractive investment for those seeking a high-return project in a rapidly developing area. This is a rare chance to acquire a significant industrial portfolio with considerable redevelopment potential in a highly sought-after location.