566 Hawthorne Ave Newark, NJ 07112
Mixed-use property featuring a grocery store, apartments, and parking.
Property size:
4,941 SFProperty Features for 566 Hawthorne Ave
General Information
- Standard status
- Active
- Size
- 4,941 SF
Source:
Corcoran
Listing Agent: Silvia Lituma
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Mixed-Use Property with Grocery Store
This mixed-use property offers a total of 4,941 square feet and includes both commercial and residential spaces. The first floor features a renovated one-bedroom apartment with a living room, dining room, kitchen, and bathroom. Additionally, the first floor houses an existing 2,880 square foot grocery store/retail space. The grocery store, named "STACK N SMACK", is equipped with new shelving, a three-door fridge, a custom counter, a deli sandwich prep table with coolers, a TOAST POS self-ordering kiosk, cameras, ADT security, and LED smoke shop displays. The second floor contains two renovated apartments, each featuring two bedrooms, a living room, a dining room, a full bathroom, and a kitchen. A parking lot is located on the side of the building, generating $2,000 monthly from truck parking. The township has approved the parking lot for the construction of a two-family home.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- Essex
- State
- New Jersey
- Longitude
- -74.2174422
- Latitude
- 40.7207285
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property featuring a grocery store, apartments, and parking.
Where is this mixed-use property located?
The property is located at 566 Hawthorne Ave Newark, NJ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: - Existing grocery store/retail space (2880 sqf) with new shelving, signage, and equipment (3-door fridge, custom counter, deli prep table, POS kiosk, security system).; - Three renovated apartments (one 1-bedroom, two 2-bedroom) providing immediate rental income potential.; - Parking lot generates $2,000 monthly income from truck parking.