The Quinas Companies Inc. (“QCRE”) is pleased to exclusively offer the property at 399-411 Mulberry Street & 505 McCarter Highway (“Mulberry”) and 116-130 Orchard Street (“Orchard”) in Newark, NJ for sale. Located in Newark’s Lincoln Park Redevelopment Area, the assemblage is primed for redevelopment with no maximum height capacity on Mulberry Street and up to six stories on Orchard Street. Situated just off Route 21 and adjacent to Newark’s Downtown with direct access to major highway arteries I-78, I-280, and I-95.
The property consists of a five-story, 72,000 SF warehouse, a one-story, 4,000 SF warehouse, and a one-story, 5,000 SF warehouse. Located in Newark’s Lincoln Park Redevelopment Area, the assemblage is primed for redevelopment and lies within an area with no height constraints.
This property can also be a part of an assemblage with the property behind it on Orchard Street. The combined properties as an assemblage is offered at $23,500,000. The assemblage brochure is also included here with the listing.