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327 Mulberry St

Newark City, NJ 07102
  • $2,300,000
  • STATUS: Active
  • ON SITE: 182 days
  • MLS #: 3689289
UPDATED: 95 min ago
$2,300,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

Description

Have the rare opportunity to own this asset that is swimming with potential and opportunity. Located only four blocks from the Prudential Center, this mixed use commercial space is one in a million. Not only is this shell being sold, but so is the grocery/liquor store WITH the liquor license. Have the potential to keep the grocery store, or convert it into a restaurant, a bar, a liquor/beer store, etc. The opportunities are endless. This building has an 8% cap rate. Don't delay-- make an appointment now.

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© 2021 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dekanski Home Selling Team :: RE/MAX 1st Advantage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Dekanski Home Selling Team :: RE/MAX 1st Advantage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-07-29T18:47:53.123.
www.gardenstatehomesearcher.com/homes/113671843
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327 Mulberry St Newark City, NJ 07102

  • Price: $2,300,000
  • Status: Active
  • Updated: 95 min ago
  • MLS #: 3689289
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1950
Built
County:
Essex
Area:
Newark City
Property Description
Have the rare opportunity to own this asset that is swimming with potential and opportunity. Located only four blocks from the Prudential Center, this mixed use commercial space is one in a million. Not only is this shell being sold, but so is the grocery/liquor store WITH the liquor license. Have the potential to keep the grocery store, or convert it into a restaurant, a bar, a liquor/beer store, etc. The opportunities are endless. This building has an 8% cap rate. Don't delay-- make an appointment now.
Exterior Features

Approximate Lot Size 25X85 Construction Brick/BlockFormed Concrete Exterior Description Brick/BlockConcrete Location CornerFreestandingSee Remarks Lot Description Corner Number Of Bays 0 Number Of Docks 0 Parking Driveway Description 2 Car Width Roof Description Flat

Interior Features

Basement Yes Basement Description FullUnfinishedWalkout Cooling Wall A/C Unit(S) Equipment Available AppliancesFixturesKitchen AreaRefrigeration UnitRestrooms - PrivateRestrooms - PublicSmoke DetectorStorage Area(S) Floors Vinyl-Linoleum Heating Baseboard - Hotwater Max Ceiling Height 9 Max Door Height 7 Number Of Lavatories 5 Office Sq Ft 0

Property Features

For Sale Or Lease For Sale Fuel Type Gas-Natural Primary Property Type Apartment Complex Property Type Apartment ComplexMixed UseStore With Apartment Sale Includes Building & Business Sewer Public Sewer Suite Number 327 Tax Amount 13802 Tax Rate Amount 3.761 Tax Rate Year 2019 Tax Year 2019 Utilities All Underground Water Public Water Year Built Description Approximate Zoning Uk

Listing information © 2021 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Keller Williams Metropolitan.


© 2021 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dekanski Home Selling Team :: RE/MAX 1st Advantage. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than The Dekanski Home Selling Team :: RE/MAX 1st Advantage are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2021-07-29T18:47:53.123.
 
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The Dekanski Home Selling Team :: RE/MAX 1st Advantage
170 Inman Avenue
Colonia NJ, 07067