Commercial Sale For Sale

391-393 Hawthorne Avenue, Newark, Nj 07112

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Property Description

Newark is full of opportunity and 391 to 393 Hawthorne Ave has become your oyster. The original building of Bragman’s is up to date where all you have to do is buy and start collecting rents! If all three units are rented, can easily make $7,000/month. Sorry, THE BUSINESS IS NOT FOR SALE ONLY THE PROPERTY ITSELF! STATS AS FOLLOWS: – Two of three units are rented out for the next five years on a NNN w/right of renewal after five years – Each unit pays their own utilities and meters are seperated. Water is divided by the three units – Roof done in 2021 – Newer hot water heaters – Each unit (1,500sqft) has its own basement for an additional 1,000sqft storage space – Unit 1: is occupied by a community grocery store – Unit 2: originally occupied Brragman’s Deli (has a walk in cooler, stove, and other equipment may be available) – Unit 3: occupied – Owner of building has an option to expand w/first right of refusal on buildings next to Brragman’s (389 & 395)

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 24037649
Price : $900,000
Status : Active
Office Name : Real
Agent Name : Carolina
Features
Utilities : Sep Elec, Sep Gas, Seperate Heat
Architectural Style : Retail
Address Map
Country : US
State : NJ
County : ESSEX
City : Newark
Zipcode : 07112
Street : Hawthorne
Street Number : 391-393
Street Suffix : Avenue
Longitude : W75° 50' 55.8''
Latitude : N40° 52' 17.9''
Additional Information
On Market Date : 2024-11-26
Rent Includes : None
Financial
Tax Annual Amount : 14574
Listing Information
List Agent Mls Id : 1022796
List Office Mls Id : 2840
Mls Status : Active
Modification Timestamp : 2025-01-29T14:41:07Z
Originating System Name : njmls
Status Change Timestamp : 2024-11-26
Commercial Sale For Sale
  • Listing ID : 24037649
$900,000
Agent info
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