• Newark BP - 584-594 Springfield Ave, Newark, NJ 07103

For Sale

Retail

For Sale

This property is available for sale
0.47
Acres
$1,050,000
Sale Price
  • Year Built
    1998
  • Total Building Size
    800 RSF
  • Overview

    584-594 Springfield Ave Newark NJ BP Branded Gas Station with convenience store in prominent location at signalized intersection with three streets of frontage. Property leased until 2021 with (2) five year options at market rate. Property also includes the opportunity to develop an additional 3,000SF retail building with 15 additional parking spaces to compliment the existing gas station. Plans are in preliminary development with the township. Current owner would work with the investor to finalize plans and approvals with the township.

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Property Details

584-594 Springfield Ave Newark NJ BP Branded Gas Station with convenience store in prominent location at signalized intersection with three streets of frontage. Property leased until 2021 with (2) five year options at market rate. Property also includes the opportunity to develop an additional 3,000SF retail building with 15 additional parking spaces to compliment the existing gas station. Plans are in preliminary development with the township. Current owner would work with the investor to finalize plans and approvals with the township.

  • Property Type
    Retail
  • Submarket
  • Year Built
    1998
  • Sale Price
    $1,050,000
  • Total Building Size
    800RSF
  • Total Acres
    0.47
  • Sale Status
    Available
  • Property ID
    2069102

Landlord's Sales Representatives

  • Cheryl Darmanin
    Tru Agent Real Estate
     
  • PAARAS VIJAN