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369 Thomas St 13,600 SF Retail Building Newark, NJ 07114 $5,510,000 CAD ($405.15 CAD/SF)
Investment Highlights
- Located in Newark’s Ironbound section, a neighborhood known for strong local retail activity and steady foot traffic.
- Conveniently positioned near major transportation routes, transit options, and key employment hubs.
- Surrounded by dense residential communities and small businesses that support neighborhood-serving retail uses.
- The area’s vibrant character and continued investment make it appealing for long-term retail ownership or investment.
Executive Summary
FOR SALE OR LEASE
AUTO & HEAVY-DUTY TRUCK & FLEET REPAIR FACILITY – IRONBOUND, NEWARK, NJ
Property Overview:Exceptional opportunity to own or lease a fully equipped auto heavy-duty fleet repair facility in Newark’s sought-after Ironbound section of Newark. Licensed and endorsed for heavy truck repairs, this property is ideal for an established operator or expanding business.
Property Highlights:
Total Lot Size: ±18,000 SF
Building Size: ±13,600 SF (including ±1,000 SF office area)
Zoning: Industrial (Ironbound – I-3 District)
Power: 800 Amps / 3-Phase
Drive-In Doors: Five (5) for convenient in/out circulation
Ceiling Height: 10- 20 ft
Condition: Fully operational facility with complete auto and heavy-duty repair equipment
Parking: On-site, with easy access for large fleet vehicles
Business & Equipment:
Turnkey auto and heavy-duty fleet and truck repair operation
All equipment included in sale or lease
Licensed & endorsed for heavy truck repairs
Sale of business can be negotiated separately
Financials available upon request
Location Highlights:
Located in the Ironbound section of Newark – close to Port Newark and major transportation routes
Easy access to I-78, I-280, Routes 1&9, and the NJ Turnpike
Ideal for logistics, fleet maintenance, or service-related industrial users
AUTO & HEAVY-DUTY TRUCK & FLEET REPAIR FACILITY – IRONBOUND, NEWARK, NJ
Property Overview:Exceptional opportunity to own or lease a fully equipped auto heavy-duty fleet repair facility in Newark’s sought-after Ironbound section of Newark. Licensed and endorsed for heavy truck repairs, this property is ideal for an established operator or expanding business.
Property Highlights:
Total Lot Size: ±18,000 SF
Building Size: ±13,600 SF (including ±1,000 SF office area)
Zoning: Industrial (Ironbound – I-3 District)
Power: 800 Amps / 3-Phase
Drive-In Doors: Five (5) for convenient in/out circulation
Ceiling Height: 10- 20 ft
Condition: Fully operational facility with complete auto and heavy-duty repair equipment
Parking: On-site, with easy access for large fleet vehicles
Business & Equipment:
Turnkey auto and heavy-duty fleet and truck repair operation
All equipment included in sale or lease
Licensed & endorsed for heavy truck repairs
Sale of business can be negotiated separately
Financials available upon request
Location Highlights:
Located in the Ironbound section of Newark – close to Port Newark and major transportation routes
Easy access to I-78, I-280, Routes 1&9, and the NJ Turnpike
Ideal for logistics, fleet maintenance, or service-related industrial users
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
13,600 SF
Building Class
C
Year Built
1960
Price
$5,510,000 CAD
Price Per SF
$405.15 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.76
Lot Size
0.41 AC
Zoning
I-2 - Commercial
Parking
25 Spaces (1.84 Spaces per 1,000 SF Leased)
Frontage
83’ on Thomas St
Very walkable
80/100
Moderately drivable
60/100
Exceptional public transit
90/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-01145-0000-00036 | Improvements Assessment | $117,703 CAD |
| Land Assessment | $209,389 CAD | Total Assessment | $327,092 CAD |
Property Taxes
Parcel Number
14-01145-0000-00036
Land Assessment
$209,389 CAD
Improvements Assessment
$117,703 CAD
Total Assessment
$327,092 CAD
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369 Thomas St
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