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2,850 sq ft One Story Building Priced for Quick Sale

Essex County, New Jersey

Asking Price: Gross: Cash Flow:
$199,000 Undisclosed Undisclosed

Business Summary:
This is a great opportunity to purchase a 2,850 sq ft free standing commercial building in Newark, with surrounding areas of both commercial and residential properties. Currently being used as a preschool daycare center, this one story brick building is zoned for other commercial enterprises. It previously operated as a bakery and food market. Layout includes 5 rooms, several bathrooms, basement for storage, 5 exit doors, and 1,290sq ft outside paved play area which can be converted to a parking lot. Daycare business is also for sale and would be included for the price of the property if buyer is interested. Property taxes $11,223. Partnership is retiring and selling all assets. Sellers very motivated. The property is offered at $199,000, well below city assessed value for quick sale. For more details call Paul Holveck at Executive Business Brokers, 908-851-9040 x277.

 
   
   
Facilities / Terms of Lease: FACILITIES: 2  
   
Reason for selling: Owner retiring  

 

 

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