3136 Summit Ave - Storefront Retail/Residential FOR SALE


Union City, NJ 07087
$1,988,000 USD
732-795-9500
3136 Summit Ave, Union City, NJ for Sale
$1,988,000 USD
Storefront Retail/Residential - FOR SALE
1/8
null | 10% Cap Rate

NEW


3136 Summit Ave
Union City, NJ 07087


OVERVIEW

This fully renovated mixed-use building offers exceptional versatility and endless potential for investors, owner-users, or developers. The property features two updated residential units, with 3 bedrooms, 1 baths, large garage, and dedicated office space, making it ideal for both living and business operations. Recent renovation down to the studs s include new plumbing, electrical, HVAC (forced air), siding, walls, bathrooms, and more. Additional off-street parking adds convenience for both tenants and clients. Zoned for mixed use, the property presents excellent potential for a CAR RENTAL, dialysis center, rehabilitation facility, clinic, veterinary clinic, or animal hotel. Subject to city approvals, there's also the opportunity to add up to four additional floors, offering significant

FOR SALE DETAILS

PRICE

$1,988,000 USD

PRICE/SF

$280 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

C

APN/PARCEL ID

10-00174-0000-00021

ASK ABOUT THIS PROPERTY

Manuel DominguezRE/MAX Synergy Real EstateMore Info
732-795-9500

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Manuel DominguezRE/MAX Synergy Real EstateMore Info
732-795-9500

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