Industrial Building For Sale

488-500 Mulberry Street, Newark, NJ 07114

Accepting Offers
Industrial Building For SaleIndustrial Building For SaleIndustrial Building For SaleIndustrial Building For Sale
Asking Price

$11,500,000

Industrial Building For Sale

488-500 Mulberry Street, Newark, NJ 07114

Details

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Asset Type: Real Estate

Estate: Leasehold

Property Size: 53,440 SF

Property Type: Industrial

Land Area: 1.82 Acres

Investment Highlights

  • Fully leased industrial building. Tenants have flexible leases.
  • Owner can vacate ±3,300 SF office, ±5,000 SF mezzanine and ±13,000 SF warehouse for user buyer.
  • Zoned MX-2 Med-Density Res/Comm/Industrial; Redevelopment zoning for 8-story residential.
  • 3 tailboard doors and 5 drive-in doors; ceiling height 16'-20'.
  • Drive-in doors between units as well.
  • Property taxes ±$57,000 per year.
  • Dropbox available with signed NDA.
  • Owner financing available.

Industrial Building For Sale

Industrial warehouse for sale in Newark

Sale FAQs

Investment Sales Broker

William Sitar Jr.

William Sitar Jr.

Sitar Realty Company

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXXXXXXXX

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