157 Market StNewark, NJ 07102

This exceptional retail property at 157 Market Street in Newark, New Jersey, presents a unique investment opportunity. Located in the heart of downtown Newark, this building boasts a highly visible location on one of the city's busiest streets, just off the intersection of Broad and Market Streets. The property offers a full-building branding opportunity, ideal for businesses seeking maximum exposure. The building comprises approximately 3,593 square feet on the ground floor, 3,510 square feet on the second floor, and 3,914 square feet in the basement, providing ample space for a variety of retail uses. This prime location benefits from a substantial daytime employee population fueled by Newark's extensive office space (14.5 million square feet) and a high residential population density in the immediate vicinity. The property's strategic position offers easy access to key landmarks, including the 2.5 million square foot Gateway Center Complex, Newark Penn Station, Teachers Village, City Hall, Prudential Arena, Prudential Headquarters, and Panasonic Headquarters, all within walking distance. Furthermore, the ongoing development of several thousand new residential units in the city further enhances the long-term growth potential of this investment. This is an unparalleled chance to acquire a prominent retail space in a rapidly evolving and dynamic urban environment. The property is offered for sale and presents a compelling opportunity for discerning investors. The zip code is 07102, and the property is situated in Essex County.