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This Hospitality Property is no longer advertised on LoopNet.com.

810 Broad St
Newark, NJ 07102

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

PROPERTY TAXES

Parcel Number
14-00165-0000-00011
Land Assessment
$1,000,000
Improvements Assessment
$4,000,000
Total Assessment
$5,000,000

zoning

Zoning Code RDV (Redevelopment Zone)
RDV (Redevelopment Zone)
  • Listing ID: 21958654

  • Date on Market: 1/12/2021

  • Last Updated:

  • Address: 810 Broad St, Newark, NJ 07102

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