NJ
Essex
Newark City
07112
391 Hawthorne Ave
391 Hawthorne Ave, Newark City, NJ 07112
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Listing Type
Commercial/Industrial
Listing Status
Active
1
$900,000

Home Details for 391 Hawthorne Ave

Price
$900,000
Type
Commercial Sale
Lot size acres
0.12
County
Essex
Basement
Full, Partially Finished
Days on site
22
MLS Listing#
3975573
Property Description

Newark is full of opportunity and 391-393 Hawthorne Ave has become your oyster. The original building of Bragman's is up to date where all you have to do is buy and start collecting rents! If all three units are rented, can easily make $7,000/month. Sorry, THE BUSINESS IS NOT FOR SALE ONLY THE PROPERTY ITSELF! STATS AS FOLLOWS: - Two of three units are rented out for the next five years on a NNN w/right of renewal after five years- Each unit pays their own utilities and meters are seperated. Water is divided by the three units - Roof done in 2021 - Newer hot water heaters - Each unit (1,500sqft) has its own basement for an additional 1,000sqft storage space - Unit 1: is occupied by a community grocery store - Unit 2: originally occupied Bragman's Deli (has a walk in cooler, stove, and other equipment may be available) - Unit 3: occupied - Owner of building has an option to expand w/first right of refusal on buildings next to Bragman's (389 & 395).

Property Features
  • Heating Information
    • Natural Gas
    • Zoned
  • Basement
    • Full
    • Partially Finished
  • Cooling Information
    • Central Air
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Parking
    • On Street
Listing Courtesy: REAL - 855-450-0442
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Market statistics compiled from data from Garden State MLS.
EXIT REALTY LUCKY ASSOCIATES (ELIZABETH)
640 Newark Ave., Elizabeth, NJ 07208
Office
908 289 7746
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