59-65 Mcwhorter St Newark, NJ 07105
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.