Listed by NAI James E. Hanson - Teterboro
Unpriced
565 Broad Street
Details
Property Type Multifamily, Mixed Use
Square Footage 6,000
Lot Size (SqFt) 2,700
Mixed-Use Redevelopment for Sale
Marketing description
Property Highlights:
Rare mixed-use opportunity located along Newark's Broad Street corridor. Occupied ground-floor retail with five vacant residential units above. Adjacent to the proposed Ark Tower redevelopment featuring 300+ planned residential units. Walk to everything. Hahne & Co. retail and dining. Military Park festivals. Prudential Center sports and concerts. All within blocks.
Property Type: Mixed-Use Redevelopment
Building Size: 6,000 SF
Lot Size: 2,700 SF
Occupancy: Owner Occupied / Vacant Residential
1st Floor: Owner Occupied
2nd Floor: 2 Vacant Residential Units
3rd Floor: 2 Vacant Residential Units
4th Floor: 1 Vacant Residential Unit
Investment highlights
Redevelopment Opportunity:
- Existing ground-floor retail occupancy
- Five vacant residential units
- Value-add redevelopment potential
- Potential tear-down/redevelopment scenario
- Adjacent to proposed 300+ unit Ark Tower project
Listing Contacts
Listed by NAI James E. Hanson - Teterboro
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