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188 Clinton Ave Newark, NJ 07108

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For Sale
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Newark, NJ Medical Office - $2.9M

Property size:
14,540 SF

Property Features for 188 Clinton Ave

General Information

Property type
Medical offices
Square Feet
14,540 SF
Class
C

Building Details

Buildings
1
Stories
1

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Listing Contact
Ryan Cerqueira
Ryan Cerqueira

Listing Agency: Logistics Real Estate Services LLC Listing Agent: Ryan Cerqueira

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This vacant, 14,540 sq ft medical/traditional office building in Newark, NJ, is offered for sale at $2,900,000. The single-story, Class C building features approximately 13,000 square feet of divisible space, perfect for owner-users or investors seeking a value-add opportunity. Recent upgrades include a new roof, mechanical systems, and elevator. The property boasts 25 surface parking spaces and sits on a 16,000 sq ft lot zoned C2. Conveniently located minutes from downtown Newark, I-78, I-95, Newark Airport, and the Seaport, this property presents a compelling investment opportunity. Operating expenses are $5.50/sq ft. The building is currently vacant and offers a multi-tenant capacity. This NNN lease property presents a strong potential for return on investment. The property's location offers easy access to major transportation arteries and a thriving urban center. The existing infrastructure, including the recently updated systems, minimizes immediate capital expenditure needs. The significant parking provision is a key advantage in a densely populated area. The flexible layout allows for customization to suit various medical or traditional office uses. This is an exceptional opportunity to acquire a well-located, updated commercial property in a growing market.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Medical offices

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Newark
County
Essex
State
New Jersey
Longitude
-74.18588949271
Latitude
40.723616177733

FAQs

What type of property is this?
Medical office - Newark, NJ Medical Office - $2.9M
Where is this medical office located?
The property is located at 188 Clinton Ave Newark, NJ.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 14,540 SF single-story Class C medical/office building in Newark, NJ, available for $2,900,000.; Approximately 13,000 SF of divisible space ideal for owner-users or investors.; Features a new roof, mechanical systems, and elevator.
(973) 210-4250 Call to check price and availability
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