1015 NEW YORK AVE, Union City, NJ 07087
Listing Presented By
GARABEDIAN REALTY GROUP, LLC
Specialty. Gds - Union City, NJ
has been retained to arrange the sale of this 1,200 sf retail business with an additional storage located at 1015 New York Ave, Union City, NJ 07087. Located in one of the busiest commercial streets in Union City, the retail business boast approximately $450,000 in annual gross income. This well established business has been thriving for over 20 yrs. at this location and offers endless opportunity for an investor to establish their own retail store or continue to run and operate the existing retail grocery business. The owner is willing to negotiate the merchandise and equipment seperately which is estimated at $52K not included in the price. Union City has become a primary residential enclave for residents seeking convenient housing with direct access to employment and entertainment hubs. Located along an attractive corridor, near the heights section of Jersey City. Presently, the area is sought after as an economical alternative to the more expensive waterfront areas nearby. As projected development continues, Union City is expected to experience a surge in pricing and residency.
Square Footage: 1,200
Last Updated: March 28, 2017
Posted: August 3, 2016