JUST LISTED! REDEVELOPMENT OPPORTUNITY, ZONED COMMERCIAL/RESIDENTIAL MIXED USE
6991 Thornton Ave.
Newark, CA 94560
Offered at $875,000
AVAILABLE FOR VIEWING
This unique two-story property has a 5,200 sq ft building on a 9,912 sq ft lot (approximate, per tax records). The building, built in 1933, had a bar that was operational up until a few months ago, and nine rental units upstairs. In the past, other downstairs businesses included a grocery store and insurance company. There is also a large unpaved parking area. 1.5 baths upstairs, 1 bath downstairs, full kitchen for bar, small unfinished basement. No laundry facilities.
The building would require extensive updates, but also presents a great developer opportunity--per County Assessor's office, up to 45ft (approx. 4 stories) is allowed. Buyer responsible for independently confirming.
Busy Newark location across from All Star Hamburgers, near several shops, restaurants and apartments, as well as the 200 and 620 bus lines.
5,200 sq ft on 9,912 sq ft lot (per tax records)
Zoned commercial/residential mixed-use
Commercial space downstairs, nine rental units upstairs
Built in 1933. Extensive updates or redevelopment needed.
Unpaved parking area
1.5 bathrooms upstairs, 1 bathroom downstairs