For Sale
$2,500,000

1105 New Jersey 10 Randolph, NJ 07869

9,040 SF Restaurant, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
136
Exceptional investment opportunity: a 9,040-square-foot restaurant located at 1105 New Jersey Route 10 in Randolph, Morris County, NJ (zip code 07869). This single-tenant, NNN-lease property sits on a 2.32-acre lot with 54 parking spaces and boasts 414 feet of frontage on Route 10, a major thoroughfare with an estimated 30,796 vehicles per day. Built in 1950, the building features a finished restaurant space, a sizable second floor (approximately 6,880 square feet) offering potential rental income, and a basement storage area (approximately 1,368 square feet). The property is zoned for commercial use and enjoys convenient access to Routes 46, 202, and 80. Seller financing is available. Beyond its current use, the property presents redevelopment potential for various retail uses, including daycares, veterinary hospitals, and schools. This prime location in one of New Jersey's fastest-growing counties makes this a compelling investment prospect.

Highlights

  • 414 feet of frontage on Route 10.
  • ±6,880 SF finished restaurant with ±1,792 SF of second-floor space.
  • ±368 SF of basement storage.
  • Second-floor space offers potential rental income.
  • Ample parking with approximately 54 spaces.
  • High traffic count of approximately 30,796 vehicles per day (VPD).

Property Details for 1105 New Jersey 10

Property type
Retail properties, Restaurants
Square Feet
9,040 SF
Year Built
1950
Lot Size (sq. ft)
101,059 SF

Location Insight

City
Randolph
County
Morris
State
New Jersey
Latitude
40.8566797
Longitude
-74.6197131

FAQs

What type of property is this?
Retail property - 9,040 SF Restaurant, High Traffic Area
Where is the retail property located?
The property is located at 1105 New Jersey 10 Randolph, NJ.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 414 feet of frontage on Route 10.; ±6,880 SF finished restaurant with ±1,792 SF of second-floor space.; ±368 SF of basement storage.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
1105 New Jersey 10
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message