1616 Summit Ave Union City NJ, 07087-1948
$525,000
ML# 240016919
Property Picture

Two Commercial Condos for sale located on a busy and high traffic shopping area with bus & shuttle service along the avenue. Very close to Lincoln Tunnel, Hoboken and all major highways including Route 3 and NJ Turnpike. Unit A is leased for $2100 to an E-bicycle store which will be opening soon. Unit B is leased for $1800 to a Thrift store. Both have annual 5% increase and about 2 years left on current lease. Monthly HOA is $650. Heat, Water and Snow Removal is included in HOA. Excellent investment opportunity!

    Liberty Realty
    Liberty Realty Broker Associate 201-222-2900 201-610-1010