Imagine owning 2 buildings on one lot, right on Ferry St, Newark!? Well your investment search ends here! This exceptional property offers a prime location with C-2 zoning, making it an excellent investment opportunity. Situated in the heart of Newark, this property is ideally located for commercial use. This property offers two buildings on one lot! The front building offers a 4-Unit Mixed use Building (in process of installing brand new HVAC throughout) = $1,300,000 & a 1-Family Residential, which features 2 Bedrooms/ 2 Full bath = $399,999, for a grand total of $1,699,999!In addition to a brand new HVAC system being installed within the 4 Unit Mixed Use building, the property features endless possibilities, allowing for various business concepts or office spaces. The C-2 zoning (Community Zoning) permits a wide range of commercial uses, including retail shops, restaurants, professional and medical offices, as well as mixed-use developments. The storefront boasts large windows, providing ample natural light and great exposure for a thriving business. With high foot and vehicle traffic in the area, this location offers excellent visibility and convenience for customers and clients.Being conveniently situated on Ferry St, there is easy access to major roadways, public transportation, and nearby amenities. Owner is not responsible for vacating tenants under any circumstances. Property being sold in AS-IS condition.
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The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Lifestyle International Realty are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. New Jersey Multiple Listing Service, Inc. All rights reserved. Updated: 1st December, 2023 3:54 PM (UTC)