Retail

Summit, NJ Retail Properties & Spaces for Sale

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Chatham, NJ New Providence, NJ Springfield, NJ Millburn, NJ Westfield, NJ Chatham Twp, NJ Mountainside, NJ Madison, NJ
Street-Level Retail Space
Updated: Oct 1
Street-Level Retail Space

440 Springfield Ave, Summit, NJ 07901

Contact for pricing
Street‑level retail space in a pedestrian‑oriented downtown district
Municipal parking garage behind the property
Surrounded by retail, dining, and service businesses
Built in 1900
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Downtown Commercial Redevelopment Opportunity
Updated: May 15, 2024
Downtown Commercial Redevelopment Opportunity

20 Franklin Pl, Summit, NJ

Contact for pricing
12,765 sqft 0.94 AC lot
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.
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 2 Active listings in Summit, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 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.

Mixed-Use Brick Live-Work Building
Mixed-Use Brick Live-Work Building

95 Main St, Millburn, NJ 07041

$1,500,000
1,950 sqft

Brick detached mixed-use building with an active storefront on the main level and a 2-bedroom residence above.

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Commercial Property for Sale
Commercial Property for Sale

175 Morris Avenue, Springfield, NJ 07081

Contact for pricing
3,000 sqft

3000 sqft commercial space suitable for office or retail.

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Operating Gas Station with Garage
Operating Gas Station with Garage

958 S Springfield Ave, Springfield, NJ 07081

Contact for pricing
3,288 sqft

Convenience store and deli with access to Route 22.

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Freestanding Mixed-Use Building
Freestanding Mixed-Use Building

393 Millburn Ave, Millburn, NJ 07041

Contact for pricing

B4 central business zoning permits retail, office, showroom, and instructional studio uses.

View details

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.

Commercial Land with Development Potential
Commercial Land with Development Potential

1594 Maple Ave, Hillside, NJ 07205

$599,900

Land with frontage in RC Zone, development possibilities.

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Commercial Land with Development Plans
Commercial Land with Development Plans

510 SO Orange Ave, Newark, NJ 07103

$295,000
0.06 AC lot

Plans envision a mixed-use building, with public sewer identified for the site.

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Piscataway Land Investment Opportunity
Piscataway Land Investment Opportunity

1315 West 6th Street, Piscataway, NJ 08854

$174,900
3,999 sqft 0.09 AC lot

Cleared lot in Piscataway, potential investment with GB zoning.

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Industrial Lot in Redevelopment Zone
Industrial Lot in Redevelopment Zone

415 Bergen Ave, Kearny, NJ 07032

Contact for pricing
0.75 AC lot

Approximately 0.75-acre industrial lot in a redevelopment zone.

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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

795 Old Springfield Ave, Summit, NJ 07901-1160

Estimated value:
$320,000
0.17 AC lot
View details
535 Morris Ave
PARKING LOT

535 Morris Ave, Summit, NJ 07901

Estimated value:
$4,750,000
0.24 AC lot
View details
10 Aubrey St
PARKING LOT

10 Aubrey St, Summit, NJ 07901

Estimated value:
$4,750,000
0.16 AC lot
View details
6 Aubrey St
PARKING LOT

6 Aubrey St, Summit, NJ 07901

Estimated value:
$4,750,000
0.17 AC lot
View details
8 Aubrey St
PARKING LOT

8 Aubrey St, Summit, NJ 07901

Estimated value:
$4,750,000
0.16 AC lot
View details
1 Chatham Rd
GAS STATION

1 Chatham Rd, Summit, NJ 07901

Estimated value:
$495,000
1.17 AC lot
View details
67 Smt Ave
FINANCIAL BUILDING

67 Smt Ave, Summit, NJ 07901-3689

Estimated value:
$405,000
0.29 AC lot
View details
128 Ashwood Ave
NURSERY, GREENHOUSE, FLORIST

128 Ashwood Ave, Summit, NJ 07901-3823

Estimated value:
$350,000
3,056 sqft 0.81 AC lot
View details
27 Smt Ave
FINANCIAL BUILDING

27 Smt Ave, Summit, NJ 07901-3545

Estimated value:
$430,000
1,600 sqft 0.86 AC lot
View details
436 Springfield Ave
Airport retail

436 Springfield Ave, Summit, NJ 07901

Estimated value: by Request
9,290 sqft
View details
33 Union Pl
Office Spaces

33 Union Pl, Summit, NJ 07901

Estimated value: by Request
15,000 sqft
View details
341 Springfield Ave
FINANCIAL BUILDING

341 Springfield Ave, Summit, NJ 07901-4603

Estimated value:
$455,000
5,931 sqft 0.14 AC lot
View details
43 Division Ave
NURSERY, GREENHOUSE, FLORIST

43 Division Ave, Summit, NJ 07901-2338

Estimated value:
$340,000
1.46 AC lot
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48 Deforest Ave, Unit 50
FINANCIAL BUILDING

48 Deforest Ave, Summit, NJ 07901-1920

Unit 50
Estimated value:
$620,000
4,428 sqft 0.33 AC lot
View details
88 Baltusrol Rd
NURSERY, GREENHOUSE, FLORIST

88 Baltusrol Rd, Summit, NJ 07901-3338

Estimated value:
$290,000
1,400 sqft 0.78 AC lot
View details

Summit, NJ Retail Properties & Spaces Market Trends and Statistics

Explore 17 retail properties & spaces 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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 5
Auto shops 1
Automotive properties 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 SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Union County

New Delisted

Total CRE Inventory on Market (SF)

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