1614 Summit Avenue, Union City, NJ

$525,000

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About 1614 Summit Avenue

Two Commercial Condos for sale located on a busy and high traffic shopping area with bus & shuttle service along the avenue. Very close to Lincoln Tunnel, Hoboken and all major highways including Route 3 and NJ Turnpike. Unit A is leased for $2100 to an E-bicycle store which will be opening soon. Unit B is leased for $1800 to a Thrift store. Both have annual 5% increase and about 2 years left on current lease. Monthly HOA is $650. Heat, Water and Snow Removal is included in HOA. Excellent investment opportunity!

Features of 1614 Summit Avenue

MLS® # 24027670
Price $525,000
Bathrooms 0.00
Type Commercial Sale/Lease
Sub-Type Retail
Style Other
Status Active

Community Information

Address 1614 Summit Avenue
City Union City
County HUDSON
State NJ
Zip Code 07087

Amenities

Utilities Sep Elec
Is Waterfront No
Waterfront None
Has Pool No

Interior

Heating Natural Gas
Cooling Gas
Fireplace No
Has Basement No

Additional Information

Date Listed August 27th, 2024
Foreclosure No
RE / Bank Owned No

Listing Details

AgentMayra Cabrera Pardo
OfficeKeller Williams City Views Realty

Listing Map

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