Mulberry Portfolio 3 biens • À vendre 16 590 001 $ CAD • Newark, NJ

INDUSTRIAL BUILDINGS FOR SALE - Income-Producing Properties with Redevelopment Potential
The Quinas Companies Inc. (“QCRE”) is pleased to exclusively offer the property at 399-411 Mulberry Street & 505 McCarter Highway in Newark, NJ for sale. The property consists of a five-story, 72,000 SF warehouse, a one-story 4,000 SF warehouse, and a one-story 5,000 SF warehouse. The 43,000 SF parcel is located in the Lincoln Park Redevelopment Area and primed for development. The redevelopment plan permits a redevelopment without any set parameters on height or density, the potential is truly endless. The improvements are centrally located, just outside of Downtown Newark and within walking distance to Newark’s Penn Station. Additionally, the site is just off Route 21 with direct access to major highway arteries I-78, I-280, and I-95.
This property can also be a part of an assemblage with the property behind it on Orchard Street. The combined properties as an assemblage is offered at $16,000,000. The assemblage brochure is also included here with the listing.