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7000SF-Mixed Use(3 Stores 2Apts)Tax:$5700 1018-1020 S Orange Ave 7,000 SF 100% Leased Retail Building Newark, NJ 07106 $3,750,165 CAD ($535.74 CAD/SF)
INVESTMENT HIGHLIGHTS
- Brand New FIX NO MORE - ALL LEASED OUT 7000 SF MIXED USED 3 STORES AND 2 3 Bedroom Apartments, One Storage Room
- Perfect 1031 Exchange with No Headaches- Fix No More! Brand New 7000 SF Mixed Use Commercial Right on Heavy Traffic Road
- 5 HVACs, 5 Hot Water Tanks with All Separate Utilities situated in Busy Retail Area near White Castle, Popeye Chicken, Dunkin Donuts
- Low Tax $5700, Lot Size= 5178 S.F. Three Stores with 12 FT CELING HEIGHT, 2 Brand New 3 Bedroom Apartments
EXECUTIVE SUMMARY
Turnkey Mixed-Use Investment | 100% Leased | Newer Construction in Newark
Exceptional mixed-use opportunity! Constructed in 2024, this modern mixed-use building at a corner lot in prime location offers the perfect combination of stability and growth. This contemporary, 2-story building is a "buy-and-hold" dream located on a high-traffic corridor.
The ground floor boasts three vibrant retail spaces with 51 feet of frontage, offering maximum brand visibility and foot traffic. Upstairs two massive 3-bedroom apartments featuring premium finishes, in-unit laundry, and central HVAC—high-demand features that command top-market rents. This is superb opportunity with even greater potentials.
Don’t miss out on one of the cleanest mixed-use assets currently on the market
Exceptional mixed-use opportunity! Constructed in 2024, this modern mixed-use building at a corner lot in prime location offers the perfect combination of stability and growth. This contemporary, 2-story building is a "buy-and-hold" dream located on a high-traffic corridor.
The ground floor boasts three vibrant retail spaces with 51 feet of frontage, offering maximum brand visibility and foot traffic. Upstairs two massive 3-bedroom apartments featuring premium finishes, in-unit laundry, and central HVAC—high-demand features that command top-market rents. This is superb opportunity with even greater potentials.
Don’t miss out on one of the cleanest mixed-use assets currently on the market
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,000 SF
Building Class
B
Year Built
2024
Price
$3,750,165 CAD
Price Per SF
$535.74 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.35
Lot Size
0.12 AC
Zoning
C-2 - Community Commercial and Residential
Frontage
AMENITIES
- Security System
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- APARTMEMT 2A & 2B
- -
- 3,500 SF
- $21.90 CAD
- Triple Net
- May 2025
- FAMER'S MARKET
- Retailer
- 1,800 SF
- $31.95 CAD
- Modified Gross
- Apr 2034
- GABBY HAIR SALON WITH BEAUTY SUPPLY
- Arts, Entertainment, and Recreation
- 1,200 SF
- $31.25 CAD
- Full Service
- Jan 2026
- GOD IS GOOD THRIFT STORE
- Retailer
- 1,600 SF
- $32.81 CAD
- Full Service
- Apr 2027
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| APARTMEMT 2A & 2B | - | 3,500 SF | $21.90 CAD | Triple Net | May 2025 | |
| FAMER'S MARKET | Retailer | 1,800 SF | $31.95 CAD | Modified Gross | Apr 2034 | |
| GABBY HAIR SALON WITH BEAUTY SUPPLY | Arts, Entertainment, and Recreation | 1,200 SF | $31.25 CAD | Full Service | Jan 2026 | |
| GOD IS GOOD THRIFT STORE | Retailer | 1,600 SF | $32.81 CAD | Full Service | Apr 2027 |
Walk Score®
Very Walkable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 14-04115-0000-00007 | Improvements Assessment | $13,889 CAD |
| Land Assessment | $191,258 CAD | Total Assessment | $205,148 CAD |
PROPERTY TAXES
Parcel Number
14-04115-0000-00007
Land Assessment
$191,258 CAD
Improvements Assessment
$13,889 CAD
Total Assessment
$205,148 CAD
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7000SF-Mixed Use(3 Stores 2Apts)Tax:$5700 | 1018-1020 S Orange Ave
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