Property summary
This exceptional 40,000 square foot retail property, located at 222 Halsey Street in Newark, New Jersey, presents a unique investment opportunity. The property is classified as a multi-tenant strip center with a traditional design, encompassing a total of 40,000 square feet of space, currently 100% vacant. Situated in Essex County, with a convenient zip code of 07102, this location offers significant potential for redevelopment or lease-up. The property's size and layout are ideal for a variety of retail uses, potentially accommodating multiple tenants. The building's design is described as a traditional strip center, suggesting a straightforward and potentially adaptable floor plan. The entire 40,000 square feet is available, providing a blank canvas for a single large tenant or the opportunity to create a vibrant mixed-use retail environment. Given its location in Newark, NJ, the property benefits from access to a substantial population base and existing infrastructure. The address, 222 Halsey Street, provides excellent visibility and accessibility. This is a rare opportunity to acquire a significant retail space in a dynamic urban setting. The property's size and vacancy make it an attractive prospect for investors and developers seeking a substantial presence in the Newark market. Further details regarding zoning and potential uses are available upon request.
Property profile
VerifiedCap rate & NOI
Current use
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Bank Loan Service
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General Contractor Renovation Specialist
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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