House Description

TROPHY MIXED-USE ASSET | HIGH-EXPOSURE CORNER ON SUMMIT AVE | UNION CITY, NJ Position yourself in one of Hudson County’s most active and supply-constrained corridors with this prime mixed-use commercial building for sale at 1505 Summit Ave, Union City, NJ. Opportunities like this rarely hit the open market—especially along Summit Avenue, the backbone of Union City’s retail and pedestrian activity. This high-visibility, income-producing asset offers the ideal blend of stable cash flow + value-add upside, making it a perfect fit for savvy investors, 1031 exchange buyers, and strategic owner-users looking to secure a foothold just minutes from New York City. Why this deal stands out: Irreplaceable Location: Positioned on a major retail corridor with heavy foot traffic, strong demographics, and continuous local commerce Mixed-Use Income Stream: Retail storefront plus residential/office components—multiple revenue channels and tenant flexibility Value-Add Potential: Opportunity to increase rents, reposition, or optimize tenancy in a high-demand market NYC Proximity Premium: Direct access to Manhattan via nearby transportation—consistent tenant demand and appreciation upside Investor-Friendly Market: Union City continues to outperform with strong rental demand, low vacancy trends, and ongoing redevelopment Whether you’re looking to park capital in a high-demand rental market, execute a value-add strategy, or secure a long-term hold in a prime location, this asset checks every box. Deal dynamics favor decisive buyers. Properties on Summit Ave with this level of exposure and flexibility trade quickly and often attract multiple offers—especially from North Jersey and NYC-based investors seeking yield and appreciation. Call for details, rent roll, and financials. Showings are limited. This is a must-act opportunity—delay means missing it.

Highlights

Listed by JORGE AVILES , 201-585-8080 PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY , 201-585-8080. Hudson County Multiple Listing Service

Property Type

Commercial Sale

County

Hudson

Listing ID

260005724

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Payment Breakdown

Principal Interest

$5,853

Taxes

$1,043

Home Price

$1,150,000

Home Price

Loan Details

30 yrs

6.562%

Interest Rate

Loan Type

Down Payment

20%

$230,000

Down Payment

Down Payment %

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Monthly Price:

$5,852.59

Principal

Taxes