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Listed by Jorge Aviles Prominent Properties Sotheby's International Realty-Englewood Cliffs
$ 1,150,000
Est. payment | /mo
$ 1,150,000
Est. payment | /mo
Key Details
Property Type Multi-Family, Commercial
Sub Type Res/Com Mixed
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26008329
Style Res/Com Mixed
Property Sub-Type Res/Com Mixed
Property Description
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. 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. Call for details, rent roll, and financials. Showings are limited.
Location
State NJ
County Hudson
Nearby Locations
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