201 16th St - Storefront Retail/Residential FOR SALE


Union City, NJ 07087
$1,250,000 USD
551-204-1361
201 16th St, Union City, NJ for Sale
$1,250,000 USD
Storefront Retail/Residential - FOR SALE
1/79
null | Request Cap Rate

Sep '27


201 16th St
Union City, NJ 07087


HIGHLIGHTS

  • Rare Retail Gem
  • High End Gregory Ave Neighborhood

OVERVIEW

201 16th Street, Union City NJ is one of the only retail, mixed use buildings in the densely populated high end Gregory Avenue neighborhood of Union City. The retail here is extremely valuable as there are very few retail spaces servicing the area. This building contains 1 retail space and 3 apartments. Tenants pay for all of their own utilities except water and sewer. Each apartment has 2 bedrooms and 1 bath. Landlord recently replaced all residential windows and the roof was replaced about six years ago. This is a fantastic opportunity for a retail owner user or as an investment with under market retail rents and second generation restaurant space.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$576 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1913

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

R

APN/PARCEL ID

10-00181-0000-00027

ASK ABOUT THIS PROPERTY

Chris VitielloGrid Real Estate LLCMore Info
551-204-1361

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Chris VitielloGrid Real Estate LLCMore Info
551-204-1361

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.