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    59-65 Mcwhorter St Newark, NJ 07105
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    59-65 Mcwhorter St, Newark, NJ 07105

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    • Retail properties & Spaces
    • 130,000 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 59-65 Mcwhorter St

    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    This exceptional commercial property, located at 59-65 McWhorter Street in Newark, New Jersey, presents a unique investment opportunity. The property encompasses a substantial 130,000 square feet of retail and restaurant space, situated on a 0.4-acre lot. Currently, there is 3,926 square feet of vacant space available, ideal for a variety of businesses seeking a high-visibility location in a bustling area. The building's multiple tenancy structure offers flexibility and potential for diverse income streams. The property's address is 59-65 McWhorter Street, Newark, NJ 07105, providing easy access to major transportation routes and a dense population base. This prime location offers significant foot traffic and visibility, making it an attractive proposition for businesses seeking to establish or expand their presence in the Newark market. The available 3,926 square feet of vacant space presents a chance to customize the space to meet specific business needs. With its substantial size and strategic location, this property is well-suited for a variety of retail and restaurant concepts. The property's overall size and multiple tenancy structure provide a solid foundation for long-term growth and profitability. Serious inquiries are encouraged to explore this exciting opportunity further.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1656
    Latitude
    40.731
    More about this property
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