Property

Newark, NJ 07112 391-393 Hawthorne Avenue

Presented By: Carolina Campbell with Real - 855-450-0442
  • MLS# 24037649
  • 11/26/2024
  • Request Tour
  • Request Info

Home Details

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)
Presented By: Carolina Campbell with Real - 855-450-0442

Interior Features for 391-393 Hawthorne Avenue

Other Interior Features

Heating Y/NNo

General for 391-393 Hawthorne Avenue

CityNewark
CoolingGas
CountyESSEX
HOANo
HeatingNatural Gas, Hot Water
Lease Considered Y/NNo
MLS Area Minor400
ModificationTimestamp2025-04-30T10:01:46.5+00:00
OwnershipBank
Property SubtypeRetail
Property TypeCommercial Sale/Lease
RoomsNone
Standard StatusActive
StatusActive - Active
Tax Annual Amount14574.0
UtilitiesSep Elec, Sep Gas
Waterfront FeaturesNone

Exterior for 391-393 Hawthorne Avenue

InclusionsNone

Additional Details

Price History

YOLANDA CASSIDY-BOGAN

Associate
Price $900,000
MLS#24037649
List Date 11/26/2024
Property Type Commercial
Request Tour
Request Info
Visit My Website

Similar Properties to 391-393 Hawthorne Avenue

Get Pre-approved