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810 Broad St
Hotel Indigo Newark Downtown · Hospitality Property For Sale
·
90,000 SF
INVESTMENT HIGHLIGHTS
12-story, interior-corridor, full-service boutique hotel situated in the heart of the downtown business district, just four miles to the airport.
Located in an Opportunity Zone, the asset sits on Broad Street right off Market Street, on one of the busiest intersections in New Jersey.
Unique value-add opportunity to own this impeccably remodeled and well-positioned fee simple turnkey hotel with redevelopment potential.
Within walking distance to major attractions and public transportation, and conveniently 11 miles to Jersey City and 13 miles to New York City.
First-rate amenities include an on-site restaurant and lounge, a health and fitness center, a conferencing facility, and a business center.
Nearby attractions include The Prudential Center, New Jersey Performing Arts Center, Newark Museum, the Ironbound District, and more.
PROPERTY FACTS
Property Type
Hospitality
Property Subtype
Hotel
Building Class
B
Lot Size
0.19 AC
Construction Status
Converted
Building Size
90,000 SF
No. Stories
13
Year Built/Renovated
1912/2014
Corridor
Interior
AMENITIES
Business Center Fitness Center Restaurant
High Speed Internet Access On-Site Bar
Boutique/Lifestyle Hotel Meeting Event Space
Public Access Wifi Smoke-Free
PROPERTY TAXES
Parcel Number
14-00165-0000-00011
Improvements Assessment
$4,000,000
Land Assessment
$1,000,000
Total Assessment
$5,000,000
ZONING
Zoning Code
RDV (Redevelopment Zone)
