The Quinas Companies Inc. (“QCRE”) is pleased to exclusively offer the redevelopment opportunity at 399-411 Mulberry Street in Newark, NJ for sale. The 43,000 SF land site, where Mulberry St meets McCarter Highway, is located in the Lincoln Park Redevelopment Area and primed for development. The redevelopment plan permits a redevelopment without any set parameters on height or density, the potential is truly endless. Located within walking distance to Newark Penn Station and just off Route 21 the site offers direct access to major highway arteries (I-78, I-280, and I-95). The current improvements consist of a five-story, 72,000 SF warehouse, a one-story, 4,000 SF warehouse, and a one-story, 5,000 SF warehouse.
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.