706 7th St, Union City, NJ 07087

$899,000

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List Price
$899,000
Status
ACTIVE
MLS#
260018476
County
Hudson
City
Union City

Property Description

706 7th Street, Union City | Investment / Owner-User Opportunity | $899,000 What could you do with 3,800 square feet of freestanding space in the middle of Union City? That's the opportunity at 706 7th Street—a two-story brick building that gives its next owner something increasingly difficult to find in Hudson County: space, parking, drive-in access and the freedom to create a plan around their own needs. The approximately 3,800 SF building offers roughly 2,500 SF on the first floor and 1,300 SF upstairs, with approximately 13-foot ceilings, a drive-in garage door and curb cut, 2 parking spaces, 3-phase power, substantial electrical service, gas service and 3 half baths. For the business owner, this could mean finally owning the building instead of paying someone else's rent. For an investor, it could mean leasing or repositioning the existing space. And for the buyer looking beyond today's use, the 25×100 lot and residential zoning create another conversation entirely—including the potential to explore residential redevelopment or a different configuration, subject to zoning and municipal approvals. Union City's R district currently permits one- and two-family dwellings. Located between Central Avenue and West Street, the property sits within Union City's dense residential fabric with convenient access to Jersey City, Hoboken, Route 495, the Lincoln Tunnel and Manhattan. Warehouse. Workspace. Investment. Owner-user. Future redevelopment. 706 7th Street isn't about telling the next owner what it has to be. It's about giving them the building, the location and the opportunity to decide what it can become. Offered at $899,000.

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Listing courtesy of PROMINENT PROPERTIES SOTHEBY'S INTERNATIONAL REALTY.

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