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Property profile & analytics

436 Springfield Ave Summit, NJ 07901

  • Specialty properties
  • 9,290 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Pro Libra Associates Inc / Temp Agency
  • Stamm / Chiropractor
  • Summit Creative Studios / Photography Service

Property Details for 436 Springfield Ave

Year built
1900
Property size
9,290 SF
Property type
Specialty properties
Property subtype
Airport retail

Description

This exceptional commercial property, located at 436 Springfield Ave in Summit, NJ (07901), offers 4,000 square feet of vacant space in a 9,290 square foot building. The property is a Class B building, constructed in 1900 and extensively renovated in 2022. Suites range from 1,500 to 4,000 contiguous square feet, with the possibility of combining second-floor spaces for a total of over 4,000 square feet. The building features two stories and is situated in the CB - Commercial Business District, offering convenient access to local amenities. The property is located near the intersection of Springfield Avenue and Maple Street, close to Summit's finest restaurants. While there is no on-site parking, the location provides easy access to public transportation and nearby parking options. The property is zoned for commercial business use and is ideal for a variety of office uses, including traditional, executive, coworking, medical, and creative office spaces. Annual property taxes are $5.24 per square foot. The building currently has a total of four suites. This is a fantastic opportunity to establish a presence in the vibrant downtown Summit area, a short train ride from New York Penn Station. Floor plans are available upon request.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Summit
County
Union
State
New Jersey
Longitude
-74.36
Latitude
40.7178
More about this property
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