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$1,399,999
Est. payment /mo
5 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260018431
Full Baths 5
Annual Tax Amount $18,216
Lot Dimensions 3,929.11
Property Sub-Type Investment
Property Description
Prime Location. Established Income. Exciting Potential. Seize a rare mixed-use investment opportunity featuring five residential units and two retail spaces in one of Union City's most vibrant neighborhoods! Set on an approximately 4,000-square-foot lot, this income-producing property features two retail spaces: one with a lease in place for over ten years and the other with a newly signed lease. Surrounded by luxury rental residences and condos, this culturally diverse community puts parks, local shops, and NJ Transit within easy reach. Nearby Route 495 leads directly through the Lincoln Tunnel into Manhattan, with trips potentially under fifteen minutes, depending on traffic and destination. Income today. Room to envision more tomorrow. Explore the potential to expand or further develop the property, subject to applicable zoning, any necessary variances, and required approvals. Don't miss this opportunity—schedule your private showing today and discover the potential for yourself!
Location
State NJ
County Hudson
Area Union City
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Listed by COMPASS NEW JERSEY, LLC
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