$ 525,000
1616 SUMMIT AVE Union City, NJ 07087-1948
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$ 525,000
Est. payment | /mo
$ 525,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240016919
Annual Tax Amount $3,513
Property Description
Two Commercial Condos for sale located on a busy and high traffic shopping area with bus & shuttle service along the avenue. Very close to Lincoln Tunnel, Hoboken and all major highways including Route 3 and NJ Turnpike. Unit A is leased for $2100 to an E-bicycle store which will be opening soon. Unit B is leased for $1800 to a Thrift store. Both have annual 5% increase and about 2 years left on current lease. Monthly HOA is $650. Heat, Water and Snow Removal is included in HOA. Excellent investment opportunity!
Location
State NJ
County Hudson
Area Union City
Listed by KELLER WILLIAMS CITY VIEWS
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "