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About This Home
This 0-bedroom, 0-bathroom commercial at 391 Hawthorne Ave in Newark City, NJ is listed for $900,000 ($142 per sqft). the home offers 6,350 sqft of living space on a 0.12 acres lot.
Newark is full of opportunity and 391-393 Hawthorne Ave has become your oyster. The original building of Bragman's is up to date where all you have to do is buy and start collecting rents! If all three units are rented, can easily make $7,000/month. Sorry, THE BUSINESS IS NOT FOR SALE ONLY THE PROPERTY ITSELF!
STATS AS FOLLOWS: - Two of three units are rented out for the next five years on a NNN w/right of renewal after five years- Each unit pays their own utilities and meters are seperated. Water is divided by the three units - Roof done in 2021 - Newer hot water heaters - Each unit (1,500sqft) has its own basement for an additional 1,000sqft storage sp
ace - Unit 1: is occupied by a community grocery store - Unit 2: originally occupied Bragman's Deli (has a walk in cooler, stove, and other equipment may be available) - Unit 3: occupied - Owner of building has an option to expand w/first right of refusal on buildings next to Bragman's (389 & 395).
Key Features
- 0.12 acre lot
Property Details
Amenities
Monthly Cost Estimate
$4,813/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
391 Hawthorne Ave
Newark City, NJ 07112-1644
Property Details
Flooring
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 391 Hawthorne Ave is listed at $900,000 ($142/sqft). The estimated monthly payment is $3,900 based on 20% down at 6.5% interest.
Key features include: 0.12 acre lot.
This property is listed by CAROLINA CAMPBELL or cam@countoncamllc.com.
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CAROLINA CAMPBELL
Agent at REAL