Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Zoned

  • Heating YN

    YES

  • Heating

    Natural Gas, Zoned

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Wood Siding

  • Pool

    No

Area & Lot

  • Lot Features

    Corner Lot

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $2,400,000

  • Tax Amount

    $21,509

  • Zoning

    NB

  • Sq. Footage

    4,400

  • Price/SqFt

    $545

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    *

  • Water Source

    Public

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Location

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Prime commercial building on a highly visible corner location. Constructed in 1998 and consisting of  4,400 SF of finished floor area plus 2,200 SF sprinklered basement. On-site parking for 24 vehicles plus non-metered street parking. Only 500 feet to NJ Transit Train Station.  Prominent building sign on Springfield Avenue. The Neighborhood Business zone permits retail sales & services, personal services, restaurants, professional office, medical and mixed-use with residential above the first floor. Expansion of the building is possible in terms of floor area and height (3 stories).

803 Springfield Ave

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Related Properties

Positioned in the heart of Downtown Summit, this exceptional corner mixed-use property presents a rare opportunity to acquire a premier investment in one of New Jersey's most desirable and vibrant downtown districts. The property features three residential apartments on the second level   including one one-bedroom residence and two studio apartments   complemented by commercial space on the ground floor.The lower level offers expansive flexible space with direct exterior access, creating additional potential for storage, operations, creative workspace, or supplemental use opportunities. Residential tenants enjoy a dedicated private entrance from Franklin Place.Ideally situated just steps from the Summit Parking Garage, NJ Transit train station with direct service to New York City, boutique shopping, acclaimed dining, and everyday conveniences, the property benefits from exceptional visibility, strong pedestrian traffic, and a highly walkable commuter-centric location. The luxury townhome development along Franklin Place further enhances the long-term appeal and investment potential of this dynamic downtown corridor.Ideal for investors seeking stable mixed-use income, an owner-user desiring a flagship downtown presence, or a developer, this offering represents a unique opportunity within Summit commercial market.
#4032916

Summit City

53 Summit Ave

None Beds

None Baths

4,200 Sq.Ft.

$2,100,000

MLS#: 4032916

 - property

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