574 BroadwayNewark, NJ 07104

This 0.06-acre property at 574 Broadway, Newark, NJ, presents a compelling investment opportunity for builders and investors. The building, situated on a 25x100 foot lot, benefits from favorable zoning allowing for diverse commercial uses. The upper floor, a former 4-bedroom, 1-bathroom residential unit, has sustained fire damage and has been completely gutted, offering a blank canvas for redevelopment. The ground floor, previously a thriving BBQ restaurant, provides a substantial commercial space ready for immediate occupancy or renovation. This expansive area is adaptable to a wide range of business ventures, offering ample room for customization. The property's prime location in a high-traffic, busy area ensures excellent visibility and accessibility. Proximity to public transportation, places of worship, and schools further enhances its appeal. This is a rare chance to acquire a mixed-use property with significant upside potential in a desirable Newark location. The asking price is $379,999. The property is sold as-is.