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Investment Highlights

  • 14,540 SF built out for medical office space
  • Large, private parking lot on-site
  • Only a few miles from arterial highways I-78 & I-95, Newark Airport, and Seaport
  • Roof, mechanical systems, and elevator all recently updated
  • Located minutes from Downtown Newark

Executive Summary

The Quinas Companies Inc. ("QCRE") is pleased to exclusively offer an approximately 14,540 SF built out medical office building at 188-194 Clinton Avenue in Newark, NJ for sale. The property's roof, mechanical systems, and elevator were all recently updated. There is also a large, private parking lot on the property. Located minutes from Downtown Newark and only a few miles from arterial highways I-78 and I-95 and Newark Airport and Seaport.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
14,540 SF
Building Class
C
Year Built
1965
Price
$2,900,000
Price Per SF
$199.45
Percent Leased
11%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,270 SF
Slab To Slab
12’
Building FAR
0.98
Lot Size
0.34 AC
Zoning
C2
Parking
25 Spaces (1.72 Spaces per 1,000 SF Leased)

Amenities

  • Central Heating
  • Natural Light
  • Air Conditioning
  • Smoke Detector

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • Lower Level-Ste Lower Level
  • 5,850 SF
  • Office
  • Full Build-Out
  • Now

Approximately 13,000 SF of built out medical office space at 188-194 Clinton Avenue in Newark, NJ for lease. The property’s roof, mechanical systems, and elevator were all recently updated. There is also a large, private parking lot on the property. Located minutes from Downtown Newark and only a few miles from arterial highways I-78 and I-95 and Newark Airport and Seaport.

  • 1st Floor
  • 7,110 SF
  • Office/Medical
  • Partial Build-Out
  • Now

Approximately 13,000 SF of built out medical office space at 188-194 Clinton Avenue in Newark, NJ for lease. The property’s roof, mechanical systems, and elevator were all recently updated. There is also a large, private parking lot on the property. Located minutes from Downtown Newark and only a few miles from arterial highways I-78 and I-95 and Newark Airport and Seaport.

Space Size Space Use Build-Out Available
Lower Level-Ste Lower Level 5,850 SF Office Full Build-Out Now
1st Floor 7,110 SF Office/Medical Partial Build-Out Now

Lower Level-Ste Lower Level

Size
5,850 SF
Space Use
Office
Build-Out
Full Build-Out
Available
Now

1st Floor

Size
7,110 SF
Space Use
Office/Medical
Build-Out
Partial Build-Out
Available
Now

Lower Level-Ste Lower Level

Size 5,850 SF
Space Use Office
Build-Out Full Build-Out
Available Now

Approximately 13,000 SF of built out medical office space at 188-194 Clinton Avenue in Newark, NJ for lease. The property’s roof, mechanical systems, and elevator were all recently updated. There is also a large, private parking lot on the property. Located minutes from Downtown Newark and only a few miles from arterial highways I-78 and I-95 and Newark Airport and Seaport.

1st Floor

Size 7,110 SF
Space Use Office/Medical
Build-Out Partial Build-Out
Available Now

Approximately 13,000 SF of built out medical office space at 188-194 Clinton Avenue in Newark, NJ for lease. The property’s roof, mechanical systems, and elevator were all recently updated. There is also a large, private parking lot on the property. Located minutes from Downtown Newark and only a few miles from arterial highways I-78 and I-95 and Newark Airport and Seaport.

Exceptionally walkable
90/100
Very drivable
80/100
Exceptional public transit
100/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
14-02802-0000-00039
Land Assessment
$359,100
Improvements Assessment
$375,900
Total Assessment
$735,000
  • Listing ID: 33998145

  • Date on Market: 11/25/2024

  • Last Updated:

  • Address: 194 Clinton Ave, Newark, NJ 07108

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