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983-987 S Orange Avenue, Newark, NJ 07106

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Under Contract
MLS#23013627
STATUSUnder Contract PROPERTY TYPEResidential - Retail

Property Description

Bring your ideas! An amazing investment opportunity in the heart of Newark's West Ward. This Spanish Atmospheric style theater was named for the Warner Brothers-owned circuit that built it. Frank Grad was the architect, with interior decoration by Landish Studios. The Stanley Theater first opened in 1927, By the early 1970s, the Stanley Theater was no longer profitable and got sold to an Italian-American cultural organization that turned it into a social hall called Casa Italiana. The Atmospheric style decor was retained, but the single floor auditorium was cleared of seats so it could be used for dining and dancing. Since 1980 it has been Newark Tabernacle. A few blocks from Seton Hall location has high foot traffic and is an intersection for 2 major avenues. While the building has historical value, its location begs for the creative ideas of its future owner. The value is in the land and space that pictures cant do justice.

983-987 S Orange Avenue | MLS# 23013627

This real estate located at 983-987 S Orange Avenue, Newark, NJ 07106 is currently listed for sale with an asking price of call for price. Search Newark real estate on www.joycerealty.com today.

Property Features

Property Type: Residential - Retail
Taxes: $9,999

Listed By / Shown By

Listing By

Agency Name: RE/MAX SELECT - Montville
Agency Phone: 973-575-6005

Shown By

Agency Title: Joyce Realty
Agency Phone: (800-275-5692)

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$ 833.25 per month $0.00 Principal & Interest $833.25 Property Tax $0.00 Homeowner's Insurance

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