504 Springfield AVE, Newark, NJ 07103
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504 Springfield AVE, Newark, NJ 07103
504 Springfield AVE, Newark, NJ 07103
504 Springfield AVE, Newark, NJ 07103
504 Springfield AVE, Newark, NJ 07103
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Patric Santo Pietro

Patric Santo Pietro

+1(732) 570-5442
Listed by Tina R. Torres RE/MAX Lifetime Realtors
$ 649,999
Est. payment /mo
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Under Contract

504 Springfield AVE Newark, NJ 07103

UPDATED:

Key Details

Property Type Commercial Sale/Lease

Sub Type Retail

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 26010619

Style Retail

Property Sub-Type Retail

Property Description

Mixed-Use Building: Taxes 10,713 Lot 24x105 offers both commercial and residential income opportunities. The first floor retail unit previously occupied by a pharmacy, making it an excellent opportunity for a variety of potential businesses. The 2nd and 3rd floors each include large, residential apartments ?with 4 bedrooms ?& 1 bathroom. (Note: one bedroom does not include a closet.) These units offer high ceilings, generous layouts, ?& both front and rear stair access. Separate utilities. Unfinished basement offering storage. Building upgrades completed in 2006, including updated electrical systems and central air. The property is being sold as-is, presenting a fantastic opportunity for an investor or owner-occupant to add value and maximize income. Store Rent Potential $2,500 - $3,000 unit - Total 4,700 sq ft (+/-) Basement is 1,229 sq ft Retail Floor is 1,099 Sq ft - 2nd Floor Unit is 1,184sqft, 3rd Floor Unit is 1,184 sq ft (SQ FT Measurement calculated by the Matterport System and should be approx.)

Location

State NJ

County Essex

Interior

Heating Baseboard, Central Air, Gas, Hot Air

New Jersey MLS (NJMLS)

NEARBY SCHOOL & BUSINESS

Patric Santo Pietro

Patric Santo Pietro

Agent License ID: 1007170

+1(732) 570-5442

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504 Springfield AVE

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