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    467 Lyons Ave Newark, NJ 07112

    Sponsored
    For Lease
    Contact for pricing

    Prime Newark Retail Opportunity, 1,167 SF

    Lot size:
    1,167 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 467 Lyons Avenue in Newark, New Jersey (zip code 07112), presents a unique opportunity for a retail or restaurant business. The entire building, totaling 1,167 square feet, is currently available for lease as a single, contiguous space. This makes it ideal for a business seeking a standalone location with ample room to operate. The property is classified as a retail shop, offering high visibility and potential for significant foot traffic. The address is conveniently situated in Newark, NJ, providing easy access to major transportation routes and a diverse customer base. The building's single-suite layout offers efficiency and simplifies management. With its generous square footage and prime location, this property is perfectly suited for a variety of retail or restaurant concepts. Interested parties are encouraged to inquire about lease terms and conditions. The property is ready for immediate occupancy, presenting a rare chance to establish a thriving business in a vibrant Newark neighborhood. The latitude and longitude coordinates are 40.7151744 and -74.2228794 respectively.

    Property Features for 467 Lyons Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,167 SF

    Unit(s) available at that property

    Space
    Inline
    Size
    1,167 SF

    HighLights

    • 1,167 SF retail space available for lease at 467 Lyons Avenue, Newark, NJ 07112.
    • Prime location in a densely populated metropolitan market with a growing population of approximately 365,000 within a 3‑mile radius.
    • Excellent regional access via GSP Exit 143B and I‑78 Exit 55.
    • Situated on Lyons Avenue, a major secondary artery with over 26,000 vehicles passing daily.
    • Single‑suite layout offers efficient management and immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Metro by T-Mobile Cell Phone Store Golden Krust Caribbean ... Jamaican Restaurant Kong Dog Newark Hot Dog Restaurant SNIPES Shoe Store Macy Beauty Supply Beauty Supply Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2228794
    Latitude
    40.7151744

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    FAQs

    What type of property is this?
    Restaurant - Prime Newark Retail Opportunity, 1,167 SF
    Where is this restaurant located?
    The property is located at 467 Lyons Ave Newark, NJ.
    What are key features of this property?
    This property features: 1,167 SF retail space available for lease at 467 Lyons Avenue, Newark, NJ 07112.; Prime location in a densely populated metropolitan market with a growing population of approximately 365,000 within a 3-mile radius.; Excellent regional access via GSP Exit 143B and I-78 Exit 55.
    Request Owner's contact information
    467 Lyons Ave Newark, NJ 07112
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    Newark, NJ 07112
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    467 Lyons Ave Newark, NJ 07112
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