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    436 Springfield Ave Summit, NJ 07901
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    Property profile & analytics

    436 Springfield Ave, Summit, NJ 07901

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    • Specialty properties
    • 9,290 SF
    Off-Market

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Pro Libra Associates Inc / Employment Agency
    • Stamm / Alternative Medicine Practice
    • Summit Creative Studios / Photography Service / (Bike/Boat/Book/etc) Store

    Property Details for 436 Springfield Ave

    Year built
    1900
    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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