814-816 Summit Ave - Storefront Retail/Residential FOR SALE


Union City, NJ 07087
$2,100,000 USD
201-627-4947
814-816 Summit Ave, Union City, NJ for Sale
$2,100,000 USD
Storefront Retail/Residential - FOR SALE
1/26
null | 5.6% Cap Rate

814-816 Summit Ave
Union City, NJ 07087


HIGHLIGHTS

  • Heavy daytime vehicular & foot traffic
  • fully occupied
  • Rear municipal parking lot

OVERVIEW

Prime investment property. Three Story building with 8 residential units plus double wide retail store are all occupied. Separate utilities, All tenants pay electric, heat, hot water and cooking gas.. High ceilings and basement. Lot size 50x108

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$173 USD /SF

CAP RATE

5.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mixed Used Building 8 Apt. 2 stores for sale

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

C, Union City.

APN/PARCEL ID

10-00042-0000-00005

ASK ABOUT THIS PROPERTY

Andrew BotticelliCompassMore Info
201-627-4947

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Andrew BotticelliCompassMore Info
201-627-4947

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.