195 Miller St Newark, NJ 07114

This exceptional investment opportunity presents a thriving 2,012 square foot auto repair shop located at 195 Miller Street in Newark, New Jersey, within Essex County (zip code 07114). The property sits on a 0.05-acre lot (Block 1178, Lot 14) and is offered at an asking price of $895,000, translating to $444.83 per square foot. The building features a convenient drive-in door, a ceiling height of 12 feet 8 inches, and three auto lifts, ensuring efficient operation. The shop is equipped with a brand new air compressor and utilizes gas suspended heat. The high-density traffic area guarantees significant customer flow. 2022 property taxes amounted to $7,285.20. This turnkey operation is ideal for an established business or a savvy investor seeking a profitable venture in a high-demand market. The property's size and features make it a compelling opportunity for continued success and growth within the automotive repair industry. This is a rare chance to acquire a well-equipped and strategically located auto shop in a bustling Newark neighborhood.