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    Summit, NJ Automotive Properties for Sale

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    Chatham, NJ Springfield, NJ New Providence, NJ
    Downtown Commercial Redevelopment Opportunity
    Contact for pricing
    12,765 SF
    Downtown Commercial Redevelopment Opportunity

    20 Franklin Pl, Summit, NJ

    Four buildings totaling 12,765 SF on approximately 1 acre.
    • Rare opportunity for heavy commercial use in a downtown area.
    • Property consists of 4 buildings (3 occupied) totaling ±12,765 SF.
    • Zoned R5, allowing single‑family use and existing commercial uses to remain (CO'd).
    • Site offers a unique redevelopment opportunity (subject to local approval).
    • Lot size at ±1 acre.
    Updated: May 15, 2024
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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 1 Active listings in Summit, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Chatham Borough Commercial Opportunity
    $1,050,000
    2,058 SF
    Chatham Borough Commercial Opportunity

    Unique commercial property near downtown Chatham Boro with storage and parking.

    17 Ogden St, Chatham, NJ 07928

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    Turnkey Auto Repair Shop
    $1,300,000
    1,098 SF
    Turnkey Auto Repair Shop

    Auto repair shop in high-traffic location, ready for immediate operation.

    459 North Avenue E, Westfield, NJ 7090

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    Chatham Borough Flex Space
    $1,050,000
    2,058 SF
    Chatham Borough Flex Space

    Unique flex space with storage, office, and parking.

    17 Ogden St, Chatham, NJ 7928

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    Auto Repair Shop For Sale
    Contact for pricing
    2,000 SF
    Auto Repair Shop For Sale

    2,000 SF auto repair shop on 0.2-acre lot.

    1490 E Broad St, Westfield, NJ

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    East Orange Warehouse/Land Opportunity
    $6,400,000
    East Orange Warehouse/Land Opportunity

    85,000 sq ft lot with 9,000 sq ft warehouse.

    10 PARK AVE, East Orange, NJ 07017

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    East Orange Warehouse and Land
    $6,400,000
    85,000 SF
    East Orange Warehouse and Land

    85,000 sq ft lot with 9,000 sq ft warehouse.

    10 PARK AVE, East Orange, NJ 07017

    View details
    Gated Lots for Parking/Storage
    Contact for pricing
    Gated Lots for Parking/Storage

    Gated double lots ideal for parking or storage purposes.

    716 6th, Newark, NJ 7107

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    Industrial Lot in Redevelopment Zone
    Contact for pricing
    0.75 Acres
    Industrial Lot in Redevelopment Zone

    Approximately 0.75-acre industrial lot in a redevelopment zone.

    415 Bergen Ave, Kearny, NJ 7032

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    Off-Market Properties in Summit, NJ

    Consider similar Off-Market properties in Summit, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    795 Old Springfield Ave
    GAS STATION
    Lot: 0.17 Acres
    Value Estimation by Request

    795 Old Springfield Ave, Summit, NJ 07901-1160

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    535 Morris Ave
    PARKING LOT
    Lot: 0.24 Acres
    Estimated value
    $4,230,000

    535 Morris Ave, Summit, NJ 07901

    View details
    10 Aubrey St
    PARKING LOT
    Lot: 0.16 Acres
    Estimated value
    $4,240,000

    10 Aubrey St, Summit, NJ 07901

    View details
    6 Aubrey St
    PARKING LOT
    Lot: 0.17 Acres
    Estimated value
    $4,245,000

    6 Aubrey St, Summit, NJ 07901

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    8 Aubrey St
    PARKING LOT
    Lot: 0.16 Acres
    Estimated value
    $4,240,000

    8 Aubrey St, Summit, NJ 07901

    View details
    1 Chatham Rd
    GAS STATION
    Lot: 1.17 Acres
    Value Estimation by Request

    1 Chatham Rd, Summit, NJ 07901

    View details

    Summit, NJ Automotive Properties Investment Opportunities Market Analysis

    Explore 7 automotive properties for sale in Summit, NJ on our real estate platform. These investment opportunities span a total of 12,765 square feet of properties for sale, with an estimated market value of $0.00.

    Sale prices for automotive businesses in Summit, NJ start at $0.00, averaging $0.00, and reaching up to $0.00 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Auto shops 1

    Demographics Overview

    Population 25K
    Population Growth (5Y) +5.0%
    Median Household Income $177,986
    College Educated 54.3%

    Taxes & Financing

    Tax Rate (average for all types) 4.36%
    Property Tax per SF $36.37 per sq ft
    Average Loan-to-Value 65.0%

    Listings Trend

    Total CRE Area on Market Trend

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