1041 S Orange Ave new Save Request In-Person Tour Request Virtual Tour
Newark City,NJ 07106
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,800 sqft
Price per Sqft $158
MLS Listing ID 3981272
Year Built 1945
Annual Tax Amount $14,744
Tax Year 2024
Lot Size 2,613 Sqft
Property Sub-Type Mixed Use
Property Description
Prime Mixed-Use Opportunity in High-Traffic Location!Formerly home to a pharmacy and doctor?s office, this versatile commercial building offers endless potential for retail, medical, or professional use. The pharmacy currently occupies the storefront with a negotiable 10-year lease in place, ensuring stable income for the new owner. Upper-level apartments provide additional revenue streams. Located just steps from the South Orange border and Seton Hall University, in the heart of a thriving business district surrounded by shops, restaurants, and public transportation. An ideal investment or owner-user opportunity in a highly visible, in-demand location.
Location
State NJ
County Essex
Zoning Commercial
Rooms
Basement Unfinished
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Flooring Vinyl-Linoleum, Wood
Equipment Storage Area(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Concrete, See Remarks
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple