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374 South St

Newark City, NJ 07105
  • $9,150,000
  • STATUS: Active
  • ON SITE: 713 Days
  • MLS #: 3613919
UPDATED: 61 min ago
$9,150,000
  • 0
    BEDS
  • 0.99
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 17,000
    SQFT
  • $538
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2010
County:
Area:

School Ratings & Info

Description

Shopping center for sale total of 10 stores built in 2010 Ironbound section with 41 parking spaces, fully rented with all tenants on a triple net lease and long term leases Dunkin Donuts, Laundromat, Spa, Metro PCS, BBQ, Taekwondo School, Grocery Store and others

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Garden State MLS logo © 2022 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 Karen W. Peters Group | Coldwell Banker. 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 Karen W. Peters Group | Coldwell Banker 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 2022-01-17T10:46:26.807.
www.karenpetersgroup.com/homes/102884092
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374 South St Newark City, NJ 07105

  • Price: $9,150,000
  • Status: Active
  • On Site: 713 Days
  • Updated: 61 min ago
  • MLS #: 3613919
0
Beds
0
Baths
0
½ Baths
0.99
Acres
17,000
SQFT
$538
$/SQFT
2010
Built
Neighborhood:
Ironbound
County:
Essex
Area:
Newark City
Property Description
Shopping center for sale total of 10 stores built in 2010 Ironbound section with 41 parking spaces, fully rented with all tenants on a triple net lease and long term leases Dunkin Donuts, Laundromat, Spa, Metro PCS, BBQ, Taekwondo School, Grocery Store and others
Exterior Features

Approximate Lot Size 43034 SF Available Parking Spaces 41 Construction Brick/Block Exterior Description Brick/Block Location CornerShopping Mall Lot Description Level Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description Blacktop Roof Description See Remarks

Interior Features

Basement No Basement Description Slab Cooling Central Air Equipment Available Fire AlarmSecurity SystemSign - FreestandingSmoke DetectorSprinkler System Heating See Remarks Max Ceiling Height 18 Max Door Height 9 Number Of Doors 0 Number Of Lavatories 14 Office Sq Ft 0

Property Features

Expenses Include See Remarks For Sale Or Lease For Sale Fuel Type See Remarks Gross Operating Income 480000 Net Operating Income 480000 Permitted Use Shopping Center Primary Property Type Strip/Shopping Center Prior Use Shopping Center Property Type Strip/Shopping Center Sale Includes Building & Land Sewer Public Sewer Suite Number 0 Tax Amount 100396 Tax Rate Amount 3.761 Tax Rate Year 2019 Tax Year 2019 Tenant Pays Cable T.V.ElectricGasHeatHot WaterMaintenance-Common AreaSee RemarksSewer Total Operating Expense 0 Utilities ElectricGas-Natural Utilities Paid By Tenant Water Public Water Year Built Description Approximate Zoning Commercial

Listing information © 2022 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Exit Realty Lucky Associates.


Garden State MLS logo © 2022 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 Karen W. Peters Group | Coldwell Banker. 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 Karen W. Peters Group | Coldwell Banker 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 2022-01-17T10:46:26.807.
 
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The Karen W. Peters Group | Coldwell Banker
1410 Valley Road
Wayne NJ, 07470