Positioned in the core of Downtown Newark's main commercial corridor, 118-122 Market Street offers a 8,000 SF asset with immediate value-add and long-term Redevelopment upside for mixed use. Surrounded by major anchors including Prudential Financial, Prudential Center, New Jersey Performing Arts Center, Rutgers University-Newark, and New Jersey Institute of Technology, the property sits in a rapidly evolving, transit-oriented district driven by residential growth and redevelopment.
Two attached commercial units. Flexible second-floor layout ideal for conversion. Basement storage supporting retail or redevelopment.
Best suited for a developer to build residential for surrounding Universities and Business District employees.
Property Features
Water Features
Public
Utilities
Natural Gas Available
Parking
On Street
Listing Courtesy: Realty Of America - 833-256-4244