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Retail Space With Private Patio
For Sale
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58 Union Street #STORE FRONT, Newark, NJ 07105

Open-layout retail space with a basement, private patio, high ceilings, and a modern sprinkler system.

Property Size1,461 SF
Price / SF$3.42
Days on Market126

Property Features for 58 Union Street #STORE FRONT

General Information

Standard status Active
Size 1,461 SF
Property subtype Commercial

Additional Details

Sprinkler System Yes

Amenities

high ceilings
private patio area
Listing Agency: The Bixler Group LLC
Listed By: Luis Pinto
Source: Betterhomerealestate
Added: Apr 26 Changed: Aug 28 Last Checked: Aug 29 at 10:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Bixler Group LLC

Investment Insights

Based on property information with market context.

This brand-new retail property at 58 Union Street includes approximately 1,461 square feet of open sales area, a large basement, and a private patio. High ceilings and a modern sprinkler system are among the building’s existing features, while the open floor plan allows for interior customization.

The storefront is just over 100 feet from Ferry Street and within walking distance of Newark Penn Station and the Newark Business District. The property is identified as retail space and is offered for sale.

Key Highlights

  • Approximately 1,461 square feet of open retail space
  • Large basement provides additional property area
  • Private patio included with the storefront

Property Analytics

Current Use

Dietze Building Architect

Suggested Use

Top Pick Veterinary Clinic Nursing Home (Bike/Boat/Book/etc) Store Buffet Clothing & Fashion Store Arcade & Gaming Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

6,297
Businesses Nearby
231k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 42% Groceries 21% Dining 13% Hotels & Casinos 11%
Seabra's Market Groceries
47,485 visits/mo 0.3 miles
McDonald's Dining
22,083 visits/mo 0.4 miles
DoubleTree by Hilton Newark Penn Station Hotels & Casinos
16,051 visits/mo 0.3 miles
BP Shops & Services
14,035 visits/mo 0.4 miles
Bank of America Shops & Services
13,516 visits/mo 0.4 miles

Demographics for 07105, NJ

50,870
Population
20,608
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
70%
High-School Grad
4.6 sq mi
ZIP Area
11,059
Density / Sq Mi
$55,752
Median Household Income
$33,175
Median Earnings
$1,600
Median Rent
$445,900
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Open-layout retail space with a basement, private patio, high ceilings, and a modern sprinkler system.
Where is this retail space located?
The property is located at 58 Union Street #STORE FRONT Newark, NJ.
What are key features of this property?
This property features: Approximately 1,461 square feet of open retail space; Large basement provides additional property area; Private patio included with the storefront
More about this property
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