For Sale
For Sale
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Year Built
1998
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Total Building Size
800 RSF
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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.
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 TypeRetail
- Submarket
- Year Built1998
- Sale Price$1,050,000
- Total Building Size800RSF
- Total Acres0.47
- Sale StatusAvailable
- Property ID2069102