2913 Jeannette St - Storefront Retail/Residential FOR SALE


Union City, NJ 07087
$1,600,000 USD
201-935-6200
2913 Jeannette St, Union City, NJ for Sale
$1,600,000 USD
Storefront Retail/Residential - FOR SALE
1/50
null | 5.65% Cap Rate

2913 Jeannette St
Union City, NJ 07087


OVERVIEW

This mixed-use property features four residential one-bedroom units and two commercial units, including a Zumba school and a religious facility. Generating a gross income of $126,700 with expenses of $36,240 and a NOI of $90,460, it offers strong income-producing potential. Located within the Redevelopment Area, the property sits in a redevelopment zone with potential for future high-rise or mixed-use development, subject to township approvals. It provides prime transportation access to New York City, with NJ Transit buses and shuttles stopping directly in front of the building. Renovated in 2011 with updated electric and plumbing systems and connected to a central station alarm service, the property also features a backyard facing 30th Street that can potentially be converted into a parking area, subject to township approvals and permissions. A rare investment opportunity combining steady income and redevelopment potential in a highly desirable, transit-accessible location. The address is also known as 811 30th Street. https://2913jeannettestreet.my.canva.site

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$267 USD /SF

CAP RATE

5.65%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1937

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

Commercial/Residential

APN/PARCEL ID

10-00157-0000-00021

ASK ABOUT THIS PROPERTY

Jennifer Darby MetzgerJustin CommercialMore Info
201-935-6200

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Jennifer Darby MetzgerJustin CommercialMore Info
201-935-6200

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