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209-211 Central Ave 5,649 SF Industrial Building East Newark, NJ 07029 $1,185,325 CAD ($209.83 CAD/SF)
Investment Highlights
- Central location
- Open plan-concrete floors
- Heavy foot traffic
Executive Summary
Nestled in between Kearny & Harrison, 2 story 6,000 sq ft commercial/industrial building for sale with adjacent parking. Each floor is approx 3,000 sq ft with High ceilings, concrete and wood floors. Small freight elevator lift in rear of building. Formerly kitchen cabinet manufacturer. Ideal potential location and space for contractors, light manufacturing, plumbers, electricians or anyone who needs parking, workshop, storage and office or showroom in one place! Open space for manufacturing or storage with 2 lavatories.. Small section is a kitchen cabinet showroom that can easily be removed. Another possible alternative may be conversion to mixed use residential. Block and frame construction, most of building has concrete flooring, 3 phase electric, gas heat. This property has additional benefit of a parking easement from 2 adjacent properties along North 2nd St. Lot size is 42 x 75, additional 572 sq ft (22' to 16' wide x 43' deep) parking easement for the benefit of this property. Also available is the property on the East side at 213 Central Ave (2 family) which also available to purchase at $490,000. Surveys are available. Not in a flood zone.
Property Facts
| Price | $1,185,325 CAD | Lot Size | 0.10 AC |
| Price Per SF | $209.83 CAD | Rentable Building Area | 5,649 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Sale Condition | Bulk/Portfolio Sale | Year Built | 1950 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Clear Ceiling Height | 10’ |
| Building Class | C | ||
| Zoning | R3 - Commercial & Multi-Family Residential | ||
| Price | $1,185,325 CAD |
| Price Per SF | $209.83 CAD |
| Sale Type | Investment or Owner User |
| Sale Condition | Bulk/Portfolio Sale |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.10 AC |
| Rentable Building Area | 5,649 SF |
| No. Stories | 2 |
| Year Built | 1950 |
| Tenancy | Single |
| Clear Ceiling Height | 10’ |
| Zoning | R3 - Commercial & Multi-Family Residential |
Amenities
- Smoke Detector
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
1 1
Exceptionally walkable
90/100
Fairly drivable
50/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 02-00005-0000-00025 | Improvements Assessment | $398,269 CAD |
| Land Assessment | $89,945 CAD | Total Assessment | $488,214 CAD |
Property Taxes
Parcel Number
02-00005-0000-00025
Land Assessment
$89,945 CAD
Improvements Assessment
$398,269 CAD
Total Assessment
$488,214 CAD
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209-211 Central Ave
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