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814-816 Summit Ave Union City, NJ 07087

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For Sale
$1,698,000

Mixed-use property with residential and commercial units in Union City.

Source: Compass New Jersey, LLC-Hoboken

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Union City Mixed-Use Investment

This mixed-use property in Union City presents a prime investment opportunity. The building features eight residential units and a commercial retail store. The retail space has high ceilings and includes a full basement, offering additional storage or functional space. The building is 100% occupied. Tenants are responsible for paying their own utilities, including electric, heat, hot water, and cooking gas. The property is situated on a 50x108 lot in a highly desirable area with heavy foot traffic. The commercial retail store can be used as two stores in the future. The property offers great income with upside potential.
Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Union City
County
Hudson
State
New Jersey
Longitude
-74.042915
Latitude
40.759202

FAQs

What type of property is this?
Mixed-use property - Mixed-use property with residential and commercial units in Union City.
Where is this mixed-use property located?
The property is located at 814-816 Summit Ave Union City, NJ.
What is the asking price?
The asking price for this property is $1,698,000.
What are key features of this property?
This property features: - Prime investment opportunity with eight residential units and a commercial retail space.; - 100% occupied, providing immediate income.; - Retail space includes a full basement for additional storage or functional space.
More about this property
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