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584-594 Springfield Ave
Newark, NJ 07103
BP Gas · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Service Station
Building Size
800 SF
Building Class
B
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.47 AC
Zoning
RDV-SD
Parking
5 Spaces (6.25 Spaces per 1,000 SF Leased)
Frontage
102’ on Springfield Ave
About 584-594 SPRINGFIELD AVE , NEWARK, NJ 07103
BP Branded Gas Station with convenience store in prominent location at signalized intersection with three streets of frontage. Property leased until 2021 with (2) five year options at market rate. Property also includes the opportunity to develop an additional 3,000SF retail building with 15 additional parking spaces to compliment the existing gas station. Plans are in preliminary development with the township. Current owner would work with the investor to finalize plans and approvals with the township.
Property Taxes
| Parcel Number | 14-00361-0000-00021 | Improvements Assessment | $168,000 |
| Land Assessment | $334,400 | Total Assessment | $502,400 |
Property Taxes
Parcel Number
14-00361-0000-00021
Land Assessment
$334,400
Improvements Assessment
$168,000
Total Assessment
$502,400
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