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Commercial Sale For Sale

1505 Summit Avenue, Union City, NJ 07087

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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.

Basic Details
Property Type:
Commercial Sale
Listing Type:
For Sale
Listing ID:
26008329
Price:
$1,150,000
Year Built:
1900-1939
Status:
Active Under Contract
Office Name:
Prominent Properties Sotheby's International Realty-Englewood Cliffs
Agent Name:
Jorge
Roof:
Flat
Features
Architectural Style:
Res/Com Mixed
Address Map
Country:
US
State:
NJ
County:
HUDSON
City:
Union City
Zipcode:
07087
Street:
Summit
Street Number:
1505
Street Suffix:
Avenue
Longitude:
W75° 57' 34.6''
Latitude:
N40° 45' 48.1''
Additional Information
On Market Date:
2026-04-01
Financial
Tax Annual Amount:
12520
Listing Information
List Agent Mls Id:
1001900
List Office Mls Id:
425
Mls Status:
Under Contract
Modification Timestamp:
2026-06-09T19:52:50Z
Originating System Name:
njmls
Status Change Timestamp:
2026-06-09
Commercial Sale For Sale
Listing ID:
26008329
$1,150,000
Agent info
Contact Agent

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