Downtown Retail Space

1182 Summit Avenue, Jersey City, NJ

$450,000

Price

5.15%

Cap Rate

$23,175

NOI

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Street
Map
Overview
Cap Rate
5.15%
NOI
$23,175
Building Size
1,700 sqft
Lot Area
1,000 sqft
Units
1
Year Built
1950
Tenancy
Single
Floors
1
Year Last Renovated
2020
Gross Leaseable Area
850
Construction Status
Under Renovation
Restrooms
1
Investment Strategy
Opportunistic
Description

850 SQFT of prime retail on Summit Ave in Jersey City Heights. Why rent when you can own? Or buy and lease. Perfect for a retail shop, studio, store front, or office location. Ground floor of brand new construction, within an area filled with district improvements, new sidewalks, street lights, and new built buildings. Near cultural, arts, entertainment and retail amenities to the nearby waterfront office and residential districts.

Highlights
  • Great location, close to public transit
  • Highly Visible: car traffic and pedestrian traffic
  • Outdoor back patio Area
Documents
Title
1182_Summit_Avenue_Jersey_City__NJ.pdf
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Location
Gallery