124 Lyons Ave Newark, NJ 07112
- Retail properties
- 10,000 SF
Current Use by Public Records
- Retail properties
Property Details for 124 Lyons Ave
- Year built
- 1970
- Property size
- 10,000 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional 10,000-square-foot commercial property, located at 124 Lyons Avenue in Newark, New Jersey, presents a unique investment or leasing opportunity. Situated directly across from Beth Israel Medical Center, this Class B building offers unparalleled convenience and visibility. Originally a daycare center, the property underwent renovations in 2022 and is now available for immediate occupancy. The building, constructed in 1970, features a single story with a 10,000-square-foot footprint on a 0.23-acre lot. The space is divisible into two suites: a 7,000-square-foot unit and a 3,000-square-foot unit, offering flexibility for various business needs. Both units can be leased separately or combined for a larger contiguous space of up to 7,000 square feet. The property boasts a convenient location with easy access to major transportation arteries, including I-78, Route 22, and the New Jersey Turnpike. The annual property taxes are $26,000. While there are no elevators, the single-story design ensures easy accessibility. This property is ideal for businesses seeking a prominent location in a thriving area of Newark, offering both leasing and purchase options. The property is located in Essex County, New Jersey, with a zip code of 07112.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- Essex
- State
- New Jersey
- Longitude
- -74.2108
- Latitude
- 40.7083
