Union City, NJ 07087 · Investment · For Sale · MLS 260005724
1505 Summit Ave
$1,150,000
Investment
Use
6
Units
0
Parking spaces
30
Days Listed
About this property
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, exe
Property specifications
The details
Property TypeCI Investment
SubtypeInvestment
UseInvestment
OfferedFor Sale
LocationUnion City, NJ 07087
MLS #260005724
Space
Units6
Stories3
Site & exposure
Parking spaces0
Investment
Annual taxes$12,520
Mixed useYes
Zoning & permitted use
Zoning and permitted-use codes are not published in the MLS IDX feed, so this page does not state one. Before you sign a lease or a contract, permitted use has to be confirmed with the Union City zoning office. Andrew Diaz can pull the full broker file and work that question through with you.
Location
Questions about this property
What is the asking price for 1505 Summit Ave?
The asking price is $1,150,000.
What is 1505 Summit Ave zoned for?
Zoning is not published in the MLS IDX feed, so this page does not state one. The listing describes the property as Investment, but permitted use must be confirmed with the Union City zoning office before you sign anything. Andrew Diaz can pull the full file and work that question through with you.
How do I tour 1505 Summit Ave?
Call or text Andrew Diaz at (551) 235-3473. He can arrange a walkthrough, pull the full broker file, and represent you through the purchase.
