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Listed by Mayra Cabrera Pardo • Keller Williams City Views Realty • (201) 694-5711
$ 525,000
Est. payment /mo
Price Dropped by $25K
1614 Summit AVE Union City, NJ 07087
UPDATED:
10/06/2024 07:18 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24027670
Style Retail
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
Building/Complex Name None
Interior
Heating Gas, Wall A/C
Exterior
Utilities Available Sep Elec
Waterfront Description None
Others
Ownership Private