Newmark Associates
286-290 16th Avenue & 558 South 18th Street
InvestmentMixed Use Space for Sale
286-290 16th Avenue & 558 South 18th Street, Newark, NJ
Property Details
Property Type:
Investment
COMMERCIAL / MIXED-USE INVESTMENT OPPORTUNITY
Highlights
286-290 16th Avenue
- +/- 5800 sf Commercial building
- Delivered vacant
- Opportunity for owner-users or investors
558 South 18th Street
- +/- 2600 sf Mixed-use building
- +/- 1000 sf Commercial component
- 2 Two-bedroom apartments
Property Features
•
2 parcels: Block 341, Lots 4 & 1
•
+/- 8100 sf Combined land area
•
Existing residential rental income
•
Commercial lease-up potential
•
Potential redevelopment opportunity - subject to municipal approvals
Map
Associate
Jeannette Melillo
Vice President
O: 973.884.4444 ext. 39
C: 862.227.6464
jmelillo@newmarkrealestate.com
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