Retail

Summit, NJ Retail Properties & Spaces for Sale

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Summit Retail Studio For Sale
Updated: Feb 26
Summit Retail Studio For Sale

545 Morris, Summit, NJ 07901

$300,000
Established revenue history with stable income potential.
Located in a highly desirable retail corridor in Summit.
Beautifully maintained interior with a clean, modern, and welcoming atmosphere.
Situated in an affluent market with strong demographics and consistent client traffic.
Ideal turnkey operation for an owner‑operator or beauty professional.
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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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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.

Newly Updated Retail Storefront Suite
Newly Updated Retail Storefront Suite

1300 Burnet Avenue, Union, NJ 07083

Contact for pricing
0.27 AC lot

Retail storefront suite in a strip mall with open layout, brand-new flooring, and fresh paint for an easy start.

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Retail Storefront with Mini Split
Retail Storefront with Mini Split

2183 MORRIS AVE Unit B, Union, NJ 07083

Contact for pricing

Tenant-renovated storefront with mini-split HVAC, previously a beauty waxing destination, now suited for retail or office use.

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Commercial Building in Business District
Commercial Building in Business District

15 Center St, Springfield, NJ 07081

$475,000
0.10 AC lot

Free-standing building in a commercial district, close to Morris Avenue.

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Commercial Property for Sale
Commercial Property for Sale

175 Morris Ave, Springfield, NJ 07081

Contact for pricing
3,000 sqft

3000 sqft commercial space suitable for office or retail.

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.

Vacant Land Site For Sale
Vacant Land Site For Sale

1824 Springfield Ave, Maplewood, NJ 07040

Contact for pricing

Vacant land available on Springfield Ave, Maplewood, NJ.

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Approved Land Parcel For Sale
Approved Land Parcel For Sale

206 Brookdale Avenue, Newark, NJ 07106

$1,400,000

Land parcel approved for 30 units, shovel ready.

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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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Land in Roseland Boro
Land in Roseland Boro

194 Eagle Rock Ave, Roseland, NJ 07068

$550,000
0.25 AC lot

Land for sale in central Roseland Boro, New Jersey.

View details

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

Value Estimation by Request
0.17 AC lot
View details
535 Morris Ave
PARKING LOT

535 Morris Ave, Summit, NJ 07901

$4,230,000
Estimated value
0.24 AC lot
View details
10 Aubrey St
PARKING LOT

10 Aubrey St, Summit, NJ 07901

$4,240,000
Estimated value
0.16 AC lot
View details
6 Aubrey St
PARKING LOT

6 Aubrey St, Summit, NJ 07901

$4,245,000
Estimated value
0.17 AC lot
View details
8 Aubrey St
PARKING LOT

8 Aubrey St, Summit, NJ 07901

$4,240,000
Estimated value
0.16 AC lot
View details
1 Chatham Rd
GAS STATION

1 Chatham Rd, Summit, NJ 07901

Value Estimation by Request
1.17 AC lot
View details
67 Smt Ave
FINANCIAL BUILDING

67 Smt Ave, Summit, NJ 07901-3689

Value Estimation by Request
0.29 AC lot
View details
128 Ashwood Ave
NURSERY, GREENHOUSE, FLORIST

128 Ashwood Ave, Summit, NJ 07901-3823

Value Estimation by Request
3,056 sqft 0.81 AC lot
View details
27 Smt Ave
FINANCIAL BUILDING

27 Smt Ave, Summit, NJ 07901-3545

Value Estimation by Request
1,600 sqft 0.86 AC lot
View details
436 Springfield Ave
Airport retail

436 Springfield Ave, Summit, NJ 07901

Value Estimation by Request
9,290 sqft
View details
33 Union Pl
Office Spaces

33 Union Pl, Summit, NJ 07901

Value Estimation by Request
15,000 sqft
View details
341 Springfield Ave
FINANCIAL BUILDING

341 Springfield Ave, Summit, NJ 07901-4603

Value Estimation by Request
5,931 sqft 0.14 AC lot
View details
43 Division Ave
NURSERY, GREENHOUSE, FLORIST

43 Division Ave, Summit, NJ 07901-2338

Value Estimation by Request
1.46 AC lot
View details
48 Deforest Ave, Unit 50
FINANCIAL BUILDING

48 Deforest Ave, Summit, NJ 07901-1920

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

88 Baltusrol Rd, Summit, NJ 07901-3338

Value Estimation by Request
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, with an estimated market value of $300,000.

Sale prices for stores in Summit, NJ start at $0.00, averaging $150,000, and reaching up to $300,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Auto shops 1
Automotive properties 1
Storefront properties 1

Demographics Overview

Population 25K
Population Growth (5Y) +5.0%
Median Household Income $177,986
College Educated 54.3%

High-Yield Neighborhoods for Investment

Identify Summit submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
07901 $1.2M

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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