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$ 1,900,000
Est. payment | /mo
11,519 SqFt
$ 1,900,000
Est. payment | /mo
11,519 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 11,519 sqft
Price per Sqft $164
MLS Listing ID 3997185
Annual Tax Amount $23,681
Tax Year 2024
Lot Size 6,098 Sqft
Property Description
Check out this fully equipped 11,086 SF automotive repair facility and warehouse located at 303-305 N 5th Street, Newark,NJ a prime industrial site with direct access to I-280, Route 21, and Port Newark. The property includes 7 lifts, an alignment machine, 2 wheel balancers, AC compressors, and all tools needed to run a high-volume mechanic shop. The real estate and the business is being sold separately, currently generating $48K-$50K per month in revenue with $30K in monthly expenses. Excellent owner-user or investor opportunity in one of Newark's strongest industrial submarkets. Confidential listing please do not disturb the business or employees.
Location
State NJ
County Essex
Zoning C-2
Interior
Heating See Remarks
Cooling See Remarks
Flooring Concrete
Equipment Lifts, Machinery, Restrooms - Public, Security System, See Remarks, Smoke Detector, Sprinkler System, Storage Area(s)
Heat Source See Remarks
Exterior
Exterior Feature Brick/Block, Concrete, See Remarks
Utilities Available See Remarks
Roof Type Asphalt Shingle, Flat
Building
Story 1
Sewer See Remarks
Water Public Water
Others
Ownership Fee Simple
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Listed by REAL