$930,000

983-987 S Orange Avenue, Newark, NJ 07106

  • Property Icon Commercial Property
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 years ago

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.

Listing Status:
Pending
Date Added:
May 8, 2023 at 05:00AM
Listing Office:
RE/MAX SELECT - Pine Brook : (973) 575-6005
Listing Agent:
Marc Titus : (973) 433-6783
MLS ID:
23013627

This listing courtesy of Marc Titus, RE/MAX SELECT - Pine Brook

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Alexander Street Elementary School

, Newark, NJ, 07106

Grades 1-8

0.36 miles away

A

Alexander Street Elementary School

, Newark, NJ, 07106

Grades 1-8

0.36 miles away

W

West Side High School

403 S Orange Ave, Newark, NJ, 07103

Grades 9-12

1.38 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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