468 18Th Ave Newark, NJ 07103
- Retail properties
Current Use by Public Records
- Sister & Nails Salon / Beauty Salon / Nail Salon
Property Details for 468 18Th Ave
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional commercial property at 468 18th Avenue, Newark, NJ 07103, presents a lucrative investment opportunity. The 0.085-acre lot features a one-story building currently housing a thriving fried chicken restaurant and three additional fully occupied units on month-to-month leases, generating immediate rental income. The restaurant operates under a negotiable term lease. The second floor offers expansive, open space ideal for a variety of uses, including a training center, school, insurance office, or similar commercial enterprise. The property benefits from its strategic location near major highways, shopping centers, stadiums, and universities, ensuring excellent accessibility and high visibility. All major transportation options, including buses, shuttles, and trains, are readily available. The property is fully commercially zoned and can be delivered immediately. Showings are available Monday through Sunday, from 8:00 AM to 10:00 PM. Asking price is $849,000. This is a rare chance to acquire a multi-faceted commercial property in a high-demand Newark location with significant potential for growth and return on investment.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- Essex
- State
- New Jersey
- Longitude
- -74.2035
- Latitude
- 40.7318
