510 Summit AveJersey City, NJ 07306

This exceptional investment opportunity presents a vacant, 6,800 square foot restaurant space located at 510 Summit Avenue in Jersey City, New Jersey. The property, known as the Summit House, boasts a rich history, having been built around 1690, making it one of America's oldest buildings. This three-story, Dutch colonial-style building sits on a 3,900 square foot lot (tax block 09605, lot 5) in the vibrant Journal Square neighborhood. The asking price is $2,600,000. The property is zoned JSQ 2060 and offers unparalleled access to public transportation, including the JSQ PATH station, providing an 18-minute commute to the World Trade Center. Journal Square's revitalization has created a thriving area with new residential high-rises, retail spaces, and dining options, attracting young professionals and families. The property is currently vacant, presenting a unique chance to establish a business in a high-demand location. The 2023 real estate taxes were $28,000. There are no existing leases, and the owner is unaware of any underground oil tanks or environmental contamination. This information is for preliminary review; potential buyers are expected to conduct their own due diligence. This is a rare opportunity to own a piece of American history in a rapidly growing urban center.