Industrial Building For Sale
$10,700,000
488-500 Mulberry Street, Newark, NJ 07114
For Sale
Industrial
Warehouse
Active
Last Updated: 04/16/2025
56,692 sqft
Building Size
1.82 acres
Lot Area
Details:
Building Size: 56,692 sqft
Lot Area: 1.82 acres
Highlights:
- Fully leased industrial building with net operating income of ±$640,000; tenants have flexible leases
- Owner can vacate ±3,300 SF office, ±7,638 SF mezzanine and ±16,000 SF warehouse for user buyer
- Zoned MX-2 Med-Density Res/Comm/Industrial; Redevelopment zoning for 8-story residential
- 3 tailboard doors and 4 drive-in doors; ceiling height 16'
- Property taxes ±$57,000
- Dropbox available with signed NDA
- Owner financing available
Description:
Industrial warehouse for sale in Newark
Adjacent to Newark's Design District, this property is also known as 190 Murray Street and is located one block from Highway 21 and in close proximity to Routes 9, 78, 95, and 280.
Documents:
| Title | ||
|---|---|---|
| Newark_488_Mulberry_Street_Sale_Brochure.pdf | ||
| Newark_488_Mulberry_Street_Sale_Brochure.pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
