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531 Rte Hanover, NJ 07981

Prime Retail Building, 1774 SF, High Traffic

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Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 1,774 square foot free-standing retail building is situated on a 0.7-acre lot at a signalized intersection in Hanover, New Jersey, offering unparalleled visibility and accessibility. Located on Route 10 (33,055 vehicles per day) and Whippany Road (17,633 vehicles per day), this property benefits from high traffic volume and direct access to Route 287. The building is ideal for a variety of uses, including restaurants, medical offices, fitness centers, retail stores, or salons/wellness businesses. Approved renovation plans are available. Ample parking is provided, exceeding 5 spaces per 1,000 square feet. This service-center building is in a densely populated area with a strong retail market, making it an excellent investment opportunity. The property is available for both sale and lease. The address is 531 Route 10, Hanover, NJ 07981, within Morris County. This location offers a unique blend of high visibility and convenient access, making it an attractive option for businesses seeking a thriving retail environment. The property's size and ample parking make it suitable for a range of commercial ventures.

Highlights

  • 1,774 SF freestanding retail building on a 0.7-acre lot.
  • Suitable for restaurant, retail, medical, fitness, or salon/wellness uses.
  • Prime highway location at a signalized intersection of Route 10 (33,055 VPD) and Whippany Road (17,633 VPD), with direct access to Route 287.
  • Located in a densely populated area with a strong retail market.
  • Excellent parking: over 5 spaces per 1,000 SF.
  • Approved renovation plans available.

Property Details for 531 Rte

Property type
Retail properties
Square Feet
1,774 SF
Lot Size (sq. ft)
30,492 SF

Location Insight

City
Hanover
County
Morris
State
New Jersey
Latitude
40.8218644
Longitude
-74.4129675

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FAQs

What type of property is this?
Retail property - Prime Retail Building, 1774 SF, High Traffic
Where is the retail property located?
The property is located at 531 Rte Hanover, NJ.
What are key features of this property?
This property features: 1,774 SF freestanding retail building on a 0.7-acre lot.; Suitable for restaurant, retail, medical, fitness, or salon/wellness uses.; Prime highway location at a signalized intersection of Route 10 (33,055 VPD) and Whippany Road (17,633 VPD), with direct access to Route 287.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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(201) 703-9700

Contacts

Marc Palestina
Marc Palestina
Chuck Lanyard
Chuck Lanyard
Visit Broker Website

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Useful Information

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Hanover, NJ 07981

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

531 Rte
  • Marc Palestina
    Marc Palestina
  • Chuck Lanyard
    Chuck Lanyard
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