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Listed by Stanley E. Francois Realty One Group Sunrise
$650,000
Est. payment /mo
Active Attorney Review
254-256 Berkeley AVE Newark, NJ 07107
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Key Details
Property Type Commercial
Sub Type Service/Non-food
Listing Status Active Attorney Review
Purchase Type For Sale
MLS Listing ID 26018806
Style Service/Non-food
Property Sub-Type Service/Non-food
Property Description
Exceptional opportunity to acquire a spacious institutional/commercial property located in the heart of Newark's thriving Roseville section. This unique building offers expansive interior space featuring a large assembly hall, multiple offices, meeting rooms, classrooms, storage areas, and flexible-use space suitable for a variety of permitted uses.Positioned on a prominent corner with excellent visibility and accessibility, the property is conveniently located near major highways, public transportation, shopping, and residential neighborhoods. The layout and size provide endless potential for owner-users, nonprofits, community organizations, investors, or redevelopment opportunities.In addition, the adjacent property may also be available for purchase, creating a potential combined lot size of approximately 100 x 100. This presents a rare development opportunity for builders and investors seeking potential ground-up construction possibilities in a rapidly developing area. Preliminary concepts may support multiple residential units or new construction opportunities, subject to buyer verification, zoning approvals, and municipal approvals. 250-252 Berkeley Ave, Newark, Package dealBuyer to perform all due diligence regarding zoning, permitted uses, subdivision requirements, and future development possibilities.
Location
State NJ
County Essex
Interior
Heating Baseboard, Gas, Hot Water
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