4105 Park Ave - Restaurant FOR SALE


Union City, NJ 07087
$1,500,000 USD
201-917-5884
4105 Park Ave, Union City, NJ for Sale
$1,500,000 USD
Restaurant - FOR SALE
1/8
null | 8.06% Cap Rate

4105 Park Ave
Union City, NJ 07087


HIGHLIGHTS

  • 10-year lease, currently in Year 1
  • Singular, adaptable unit | Zoned for commercial retail use
  • Renovated in 2018
  • 3,456 SF versatile retail space
  • High visibility and foot traffic potential
  • Basement with Freezer Boxes and private office

OVERVIEW

Investor Highlight: A long-term tenant is already secured with a newly executed 10-year lease, currently in Year 1, providing immediate, stable income and long-term investment security. This turnkey, income-producing property presents an excellent opportunity for investors seeking a reliable asset in a high-demand market. Introducing a prime retail investment opportunity in the heart of Union City, New Jersey. Originally built in 1898 and thoughtfully renovated in 2018, this 3,456 SF commercial property blends historic character with modern functionality. Featuring a single versatile retail unit with commercial zoning, the asset offers flexibility for a variety of street-level retail uses while benefiting from strong visibility and consistent foot traffic in one of Northern New Jersey’s most active urban corridors.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$434 USD /SF

CAP RATE

8.06%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3,456 SF Restaurant | Year 1 of 10-Year Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1898

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R-MF

APN/PARCEL ID

10-00243-0000-00017

ASK ABOUT THIS PROPERTY

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201-917-5884

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Bruce EliaKW Commercial Fort LeeMore Info
201-917-5884

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