52-56 Elwood Ave - Warehouse FOR SALE


Newark, NJ 07104- North Broadway
$1,250,000 USD
917-796-9958
52-56 Elwood Ave, Newark, NJ for Sale
$1,250,000 USD
Warehouse - FOR SALE
1/15
null | Request Cap Rate

Mar '26


52-56 Elwood Ave
Newark, NJ 07104
North Broadway


OVERVIEW

The subject property is a single-story concrete block building offering approximately 5,750 SF of rentable space. The property will be delivered vacant and is located in an R-3 zoned area, operating as a legal non-conforming use. The building is currently occupied by a food distribution company and includes approximately 600 SF of built-out refrigerator/freezer space. Situated on an elevated site, the property is high and dry and is surrounded by a mix of commercial uses, a school, and nearby single-family residences. The building underwent major renovations in 2015, and all major capital components are in excellent condition. The property features one (1) 14’ drive-in door with an internal loading dock capable of accommodating a 53’ trailer. The loading dock area consists of approximately 1,150 SF with 16’ clear ceiling height. The remaining 4,600 SF offers ceiling heights ranging from 10’ to 12’. Additionally, the building includes an 8’ roll-up door leading to a 300 SF gated parking or outdoor storage area. The building is clean, secure, and well-maintained, featuring a camera security system, window bars, updated electrical, and a 200 SF office area with two restrooms. A recent Phase I Environmental Report is available. Overall, this property is in very good condition and well-suited for a variety of commercial or light industrial uses.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$227 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Manufacturing, Refrigeration/Cold Storage, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

16 Ft

DOCKS

1

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13

LAND SF

5,663

ZONING

Non Conforming

APN/PARCEL ID

14-00722-0000-00006

ASK ABOUT THIS PROPERTY

Frank PronestiInvestment Realty ProMore Info
917-796-9958

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Frank PronestiInvestment Realty ProMore Info
917-796-9958

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.