4003 Bergenline Ave - Storefront Retail/Office FOR SALE


Union City, NJ 07087
$1,800,000 USD
781-776-4550
4003 Bergenline Ave, Union City, NJ for Sale
$1,800,000 USD
Storefront Retail/Office - FOR SALE
1/10
null | Request Cap Rate

4003 Bergenline Ave
Union City, NJ 07087


HIGHLIGHTS

  • Value-Add Opportunity
  • Strategic Retail Location
  • Transit Oriented Location
  • Urban Enterprise Zone
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive sale of the mixed-use investment property located at 4003 Bergenline Avenue in Union City, New Jersey (“the Property”). The Property is improved by a three-story building on a 0.05-acre parcel and has three units. Two of the units are leased/occupied to local retailers (including the Owner) and there is one vacant unit on the third floor. The Owner’s street level unit can be delivered vacant as well. A new owner can lease the vacant space or can open their own business in the Property, taking advantage of the well-trafficked location. The Property is strategically located along Bergenline Avenue, adjacent to the signalized intersection of Bergenline Avenue and 40th Street in the northern section of Union City. Bergenline Avenue is the area’s primary commercial corridor and is home to an extensive array of retailers, restaurants, bars and service amenities. 4003 Bergenline Avenue is 0.4-miles from the Bergenline Avenue Station with service on the Hudson-Bergen Light Rail, 1 mile from the Port Imperial Ferry and 1.5-miles from the Lincoln Tunnel connecting the area with midtown Manhattan. The Property also benefits from its proximity to numerous interstates and state highways (Interstate 95, US Routes 1 and 9, and NJ Routes 495 and 3). Union City is a small bedroom suburb of New York City, located in the heart of Hudson County within the New York metropolitan area. The affluent and densely populated area is 3-miles west of New York City.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$305 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

-

APN/PARCEL ID

10-00234-0000-00029

ASK ABOUT THIS PROPERTY

Amal HadariHorvath & TremblayMore Info
781-776-4550

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Amal HadariHorvath & TremblayMore Info
781-776-4550

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