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Hoboken Retail Space Investment Opportunity
For Sale
$480,000

1200 Grand St, Hoboken, NJ 07030

Corner retail unit with long-term lease in desirable Hoboken neighborhood.

Property SizeContact for details
Days on Market473

Property Features for 1200 Grand St

General Information

Standard status Active
Property subtype Retail

Amenities

3
Listing Agency: COLDWELL BANKER, FORT LEE
Listed By: Coldwell Banker Residential Brokerage
Source: Xome
Added: May 14, 2025 Changed: Aug 25 Last Checked: Aug 28 at 7:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER, FORT LEE

Investment Insights

Based on property information with market context.

This corner retail unit, located in the Upper Grand Residential Complex in Hoboken, is currently operating as a nail salon. The property offers a long-term investment opportunity with a lease that has 7 years remaining. The space generates a stable rental income of $3,400 per month. This commercial property is situated in one of Hoboken’s desirable neighborhoods.

Key Highlights

  • Long‑term lease in place with 7 years remaining.
  • Stable rental income of $3,400/month.
  • Located in the highly sought‑after Upper Grand Residential Complex.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Nursing Home Catering Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,270
Businesses Nearby
45k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 63% Dining 32% Beauty & Spa 5%
BP Shops & Services
20,183 visits/mo 0.2 miles
Dunkin' Donuts Dining
6,383 visits/mo 0.1 miles
Napoli's Pizza Dining
4,969 visits/mo 0.3 miles
Otto Dining
2,979 visits/mo 0.5 miles
CubeSmart Self Storage Shops & Services
2,846 visits/mo 0.2 miles

Demographics for 07030, NJ

60,456
Population
29,985
Households
2
Avg Household Size
32
Median Age
83%
College-Educated
97%
High-School Grad
1.2 sq mi
ZIP Area
50,380
Density / Sq Mi
$176,943
Median Household Income
$105,359
Median Earnings
$2,819
Median Rent
$872,100
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Corner retail unit with long-term lease in desirable Hoboken neighborhood.
Where is this retail space located?
The property is located at 1200 Grand St Hoboken, NJ.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Long‑term lease in place with 7 years remaining.; Stable rental income of $3,400/month.; Located in the highly sought‑after Upper Grand Residential Complex.
More about this property
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