Summit, NJ Commercial Real Estate for Lease and Sale

Explore 14 listings of Summit commercial real estate to find the best space for your business.

Summit Office Evolution
Office Evolution
350 Springfield Avenue Suite 200, Summit, NJ
Services

Virtual Office

Open Workspace

Meeting Room
Amenities

Complimentary coffee & tea

Free water

High-speed wifi

Notary/Legal services

Parking

Privacy booths

TV/Monitor

White boards
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16MapleSt - Suite 2 Office

16 Maple Street, Summit, NJ
Property

Office

10,000 SF
Availability

1 Space

650 SF
For Lease

$24.00/SF/YR
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33 Overlook Road

33 Overlook Road, Summit, NJ
Property

Healthcare

71,151 SF
Availability Contact for availability
Year Built

1993
For Lease Contact for pricing
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Summit Corporate Center

180 River Road, Summit, NJ
Property

Office

43,120 SF
Availability

1 Space

7,647 SF
Year Built

2001
For Lease Contact for pricing
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447 Springfield Avenue
Small Officer
447 Springfield Avenue, Summit, NJ
Services

Virtual Office

Open Workspace

Meeting Room

Private Office
Amenities

High-speed wifi

Natural light

Office furniture

Receptionist/Secretarial services

White boards
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426 Springfield Avenue
The Co-Co
426 Springfield Avenue 2nd Floor, Summit, NJ
Services

Open Workspace

Event Space

Meeting Room
Amenities

Catering

Complimentary coffee & tea

High-speed wifi

Kitchen

Lounge area

On-site café

Outdoor areas

Parking

Printer

Privacy booths
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±12,765 SF Total Commercial Buildings on ±1 AC

20 Franklin Pl, Summit, NJ
Property

Office

12,765 SF
Year Built

1900
For Sale

Please Call for Sale Price
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17-19 Beechwood Road

17 Beechwood Rd, Summit, NJ
Property

Retail

5,000 SF
Availability

1 Space

1,500 SF
For Lease Contact for pricing
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42 Maple St

42 Maple St, Summit, NJ
Property

Office

4,409 SF
Availability

1 Space

1,500 SF
Year Built

1919
For Lease

$1,450.00/MO
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367 Springfield Ave

367 Springfield Ave, Summit, NJ
Property

Retail

16,700 SF
Availability

4 Spaces

16,700 SF
For Lease Contact for pricing
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474 Morris Ave

474 Morris Ave, Summit, NJ
Property

Office

4,781 SF
Availability

1 Space

3,900 SF
Year Built

1900
For Lease

$29.00/SF/YR
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344-346 Springfield Ave

344-346 Springfield Ave, Summit, NJ
Property

Office

3,700 SF
Availability

1 Space

1,500 SF
Year Built

1900
For Lease Contact for pricing
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12 Bank St

12 Bank St, Summit, NJ
Property

Retail

20,000 SF
Availability

2 Spaces

3,457 SF
For Lease Contact for pricing
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60 MORRIS TURNPIKE

60 MORRIS TURNPIKE, Summit, NJ
Property

Office

9,691 SF
Availability

2 Spaces

6,355 SF
For Lease

$23.00/SF/YR
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Summit commercial real estate market incorporates 88,556 square feet of office space across 11 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Summit, the coworking segment of the commercial real estate market incorporates about 297 square feet.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Summit commercial real estate market includes 41,700 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.

The listing inventory in Summit incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Summit is represented by Office space, which accounts for 52,398 square feet of available listings. Retail space available in Summit adds up to 21,657 square feet.

Meanwhile, most of the listings of commercial property for sale in Summit are in the Office category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Summit, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $29 per square foot.

The average size of a commercial property in Summit depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Summit, the average size of an office property is 11,070 square feet.
Retail properties here incorporate an average of 13,900 square feet.

Summit, NJ Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Summit currently add up to 50,749 square feet. The market offers 8 active office listing(s), which amount to 29,092 square feet and account for 66% of commercial spaces on the market. Local retail availability includes 21,657 square feet across 3 retail space(s).

Property Type	Count of Listings	Total SF
Office	8	29,092
Retail	3	21,657

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Summit, NJ. Currently, there is 12,765 square feet of commercial property for sale here , which includes 1 office building(s) for sale .

Property Type	Count of Listings	Total SF
Office	1	12,765

Summit, NJ Commercial Real Estate for Lease and Sale

Summit Office Evolution

16MapleSt - Suite 2 Office

33 Overlook Road

Summit Corporate Center

447 Springfield Avenue

426 Springfield Avenue

±12,765 SF Total Commercial Buildings on ±1 AC

17-19 Beechwood Road

42 Maple St

367 Springfield Ave

474 Morris Ave

344-346 Springfield Ave

12 Bank St

60 MORRIS TURNPIKE

Frequently Asked Questions

Summit, NJ Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Summit, NJ Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Summit, NJ?

What factors affect the price of commercial real estate in Summit, NJ?

What are the best areas for commercial real estate in Summit, NJ?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Summit, NJ?

Summit, NJ Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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