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Former Daycare Center 124-130 Lyons Ave

10,000 SF Vacant Office Building Newark, NJ 07112 $1,800,000 ($180/SF)

Investment Highlights

  • Across the Street from Newark's Beth Israel Medical Center

Executive Summary

Former Daycare center available for lease or sale.
This is an Opportunity to own an office / retail property across the street from Newark's Beth Israel Medical Center
This site consists of 10,000 SF of space sitting on .23 acres of land. There are two units one 7,000 FT and smaller unit being 3,000 FT. They can be joined together or kept separate.
The property is within the R-3 (Residential 1-4 Family /Townhouse) zone, Situated in the City of Newark, this property offers easy access to major transportation arteries, including I-78,Route 22, and NJ Turnpike.
Available for immediate move in or purchase, reach out directly for more info.
Link to video - https://www.veed.io/view/1c0955b8-ca02-480d-80c5-37e50ad32fe5?panel=share
Meir Mizrachi
Office: 973-363-9887
Email: meir@cliftoncre.com

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
10,000 SF
Building Class
C
Year Built
1970
Price
$1,800,000
Price Per SF
$180
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,000 SF
Building FAR
1.00
Lot Size
0.23 AC
Zoning
r_3 - The property is within the R-3 (Residential 1-4 Family / Townhouse) zone making it suitable for various purposes.

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 7,000 SF
  • Office/Retail
  • Partial Build-Out
  • Now
  • 1st Floor
  • 3,000 SF
  • Office/Retail
  • Partial Build-Out
  • Now
Space Size Space Use Condition Available
1st Floor 7,000 SF Office/Retail Partial Build-Out Now
1st Floor 3,000 SF Office/Retail Partial Build-Out Now

1st Floor

Size
7,000 SF
Space Use
Office/Retail
Condition
Partial Build-Out
Available
Now

1st Floor

Size
3,000 SF
Space Use
Office/Retail
Condition
Partial Build-Out
Available
Now

1st Floor

Size 7,000 SF
Space Use Office/Retail
Condition Partial Build-Out
Available Now

Walk Score ®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 14-03696-0000-00003
  • 14-03696-0000-00001
Land Assessment
$272,700 (2024)
Improvements Assessment
$377,300 (2024)
Total Assessment
$650,000 (2024)
  • Listing ID: 33159904

  • Date on Market: 9/12/2024

  • Last Updated:

  • Address: 124-130 Lyons Ave, Newark, NJ 07112

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