Commercial Development Site that can be rehabbed to keep as commercial or build 20 story Residential tower with commercial on first floor. Commercial tenants on the block include Chipotle, Dinos BBQ, Whole Foods is two blocs away. Penn Station is two blocks away (4 minute walk), and The Prudential Center is right behind the property. This is an opportunity to purchase in the heart of Downtown Newark NJ where cost of acquisition and development can be under $20M and the finished product be worth north of $35M. Definitely a power wealth move.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
