Log In/Sign Up
Your email has been sent.
488-500 Mulberry St 56,692 SF 12% Leased Industrial Building Newark, NJ 07114 For Sale
INVESTMENT HIGHLIGHTS
- Fully leased industrial building with net operting income of ± $640,000; tenants have flexible leases
- Zoned MX-2 Med-Density Res/Comm/Industrial; Redevelopment zoning for 8-story residential
- Property taxes ±$57,000
- Owner can vacate ±3,300 SF office, ±7,638 SF mezzanine and ±16,000 SF warehouse for user buyer
- 3 tailboard doors and 4 drive-in doors; ceiling height 16'
- Dropbox available with signed NDA
EXECUTIVE SUMMARY
Fully leased industrial warehouse for sale in Newark. Adjacent to Newark's Design District, this property is also known as 190 Murray Street and is located one block from highway 21 and in close proximity to Routes 9, 78, 95, and 280. Owner can vacate 3300 s-f office + 7638 mezzanine or 16000 s-f of warehouse for user buyer.
Owner Financing Available.
Owner Financing Available.
PROPERTY FACTS
| Sale Type | Investment or Owner User | Year Built | 1945 |
| Property Type | Industrial | Parking Ratio | 1.06/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 16’ |
| Building Class | C | No. Dock-High Doors/Loading | 3 |
| Lot Size | 1.82 AC | No. Drive In / Grade-Level Doors | 5 |
| Rentable Building Area | 56,692 SF | Opportunity Zone |
Yes
|
| No. Stories | 1 | ||
| Zoning | MX-2 - Med-Density Res/Comm/Industrial | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.82 AC |
| Rentable Building Area | 56,692 SF |
| No. Stories | 1 |
| Year Built | 1945 |
| Parking Ratio | 1.06/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 5 |
| Opportunity Zone |
Yes |
| Zoning | MX-2 - Med-Density Res/Comm/Industrial |
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Take advantage of flexible warehouse and office space in a premium Newark location, just minutes from highways, Port Newark, Newark Liberty International Airport, and downtown amenities. Spaces are customizable to suit your needs, with sections available from 5,000 SF up to 50,000 SF warehouse and optional office suites from 200 SF to 3,000 SF.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 5,000-50,000 SF | Industrial | Partial Build-Out | Now |
1st Floor
| Size |
| 5,000-50,000 SF |
| Space Use |
| Industrial |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1 of 28
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 5,000-50,000 SF |
| Space Use | Industrial |
| Condition | Partial Build-Out |
| Available | Now |
Take advantage of flexible warehouse and office space in a premium Newark location, just minutes from highways, Port Newark, Newark Liberty International Airport, and downtown amenities. Spaces are customizable to suit your needs, with sections available from 5,000 SF up to 50,000 SF warehouse and optional office suites from 200 SF to 3,000 SF.
1 1
Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 14-01183-0000-00001 | Improvements Assessment | $862,608 CAD |
| Land Assessment | $1,275,588 CAD | Total Assessment | $2,138,196 CAD |
PROPERTY TAXES
Parcel Number
14-01183-0000-00001
Land Assessment
$1,275,588 CAD
Improvements Assessment
$862,608 CAD
Total Assessment
$2,138,196 CAD
1 of 25
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
488-500 Mulberry St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.