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369 Thomas St 13,600 SF Retail Building Newark, NJ 07114 $4,000,000 ($294.12/SF)
EXECUTIVE SUMMARY
FOR SALE OR LEASE
AUTO & HEAVY-DUTY TRUCK & FLEET REPAIR FACILITY – IRONBOUND, NEWARK, NJ
Property Overview:Exceptional opportunity to own or lease a fully equipped auto heavy-duty fleet repair facility in Newark’s sought-after Ironbound section of Newark. Licensed and endorsed for heavy truck repairs, this property is ideal for an established operator or expanding business.
Property Highlights:
Total Lot Size: ±18,000 SF
Building Size: ±13,600 SF (including ±1,000 SF office area)
Zoning: Industrial (Ironbound – I-3 District)
Power: 800 Amps / 3-Phase
Drive-In Doors: Five (5) for convenient in/out circulation
Ceiling Height: 10- 20 ft
Condition: Fully operational facility with complete auto and heavy-duty repair equipment
Parking: On-site, with easy access for large fleet vehicles
Business & Equipment:
Turnkey auto and heavy-duty fleet and truck repair operation
All equipment included in sale or lease
Licensed & endorsed for heavy truck repairs
Sale of business can be negotiated separately
Financials available upon request
Location Highlights:
Located in the Ironbound section of Newark – close to Port Newark and major transportation routes
Easy access to I-78, I-280, Routes 1&9, and the NJ Turnpike
Ideal for logistics, fleet maintenance, or service-related industrial users
AUTO & HEAVY-DUTY TRUCK & FLEET REPAIR FACILITY – IRONBOUND, NEWARK, NJ
Property Overview:Exceptional opportunity to own or lease a fully equipped auto heavy-duty fleet repair facility in Newark’s sought-after Ironbound section of Newark. Licensed and endorsed for heavy truck repairs, this property is ideal for an established operator or expanding business.
Property Highlights:
Total Lot Size: ±18,000 SF
Building Size: ±13,600 SF (including ±1,000 SF office area)
Zoning: Industrial (Ironbound – I-3 District)
Power: 800 Amps / 3-Phase
Drive-In Doors: Five (5) for convenient in/out circulation
Ceiling Height: 10- 20 ft
Condition: Fully operational facility with complete auto and heavy-duty repair equipment
Parking: On-site, with easy access for large fleet vehicles
Business & Equipment:
Turnkey auto and heavy-duty fleet and truck repair operation
All equipment included in sale or lease
Licensed & endorsed for heavy truck repairs
Sale of business can be negotiated separately
Financials available upon request
Location Highlights:
Located in the Ironbound section of Newark – close to Port Newark and major transportation routes
Easy access to I-78, I-280, Routes 1&9, and the NJ Turnpike
Ideal for logistics, fleet maintenance, or service-related industrial users
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
13,600 SF
Building Class
C
Year Built
1960
Price
$4,000,000
Price Per SF
$294.12
Tenancy
Single
Building Height
1 Story
Building FAR
0.76
Lot Size
0.41 AC
Parking
25 Spaces (1.84 Spaces per 1,000 SF Leased)
Frontage
83’ on Thomas St
Walk Score®
Very Walkable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $308,500 | |
| Land Assessment | $535,500 | Total Assessment | $844,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$535,500
Improvements Assessment
$308,500
Total Assessment
$844,000
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369 Thomas St
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