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709 Central Ave 2,500 SF Specialty Building Offered at $2,000,000 at a 14.15% Cap Rate in Union City, NJ 07087
Executive Summary
REAL ESTATE & CAR WASH BUSINESS FOR SALE – EXCELLENT INVESTMENT OPPORTUNITY Rare opportunity to own both the real estate and an established car wash business at 709 Central Ave, Union City, NJ. This approximately 2,900 sq. ft. turnkey operation includes all car wash equipment, machinery, fixtures, washer, and dryer. Located in a prime, high-traffic commercial corridor with excellent visibility and strong pedestrian and vehicle exposure. Conveniently situated near Bergenline Avenue, residential neighborhoods, schools, restaurants, retail stores, public transportation, and just minutes from Hoboken, Weehawken, Jersey City, and New York City. Perfect for investors or owner-operators seeking a profitable business with strong growth potential in one of Hudson County's busiest locations. This established business offers tremendous upside potential and is perfectly suited for an owner-operator seeking a profitable venture or an investor looking to acquire a valuable income-producing asset in a high-demand market. Rare opportunities like this are hard to find. Don't miss your chance to own a fully equipped car wash business and commercial property in one of Northern New Jersey's most active and accessible markets. Contact us today for additional information and a private showing.
Property Facts
| Price | $2,000,000 | Building Class | B |
| Price Per SF | $689.66 | Building Size | 2,900 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 14.15% | Year Built | 1913 |
| Property Type | Specialty |
| Price | $2,000,000 |
| Price Per SF | $689.66 |
| Sale Type | Investment or Owner User |
| Cap Rate | 14.15% |
| Property Type | Specialty |
| Building Class | B |
| Building Size | 2,900 SF |
| No. Stories | 1 |
| Year Built | 1913 |
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Exceptionally walkable
100/100
Fairly drivable
40/100
Strong public transit
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 10-00033-0000-00020 | Improvements Assessment | $451,900 |
| Land Assessment | $637,000 | Total Assessment | $1,088,900 |
Property Taxes
Parcel Number
10-00033-0000-00020
Land Assessment
$637,000
Improvements Assessment
$451,900
Total Assessment
$1,088,900
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709 Central Ave