For Sale
$3,200,000

1475 Highway TerEdison, NJ 08837

Prime Route 1 location, high traffic, development potential.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional commercial property, located at 1475 U.S. Highway 1 in Edison, New Jersey (zip code 08837), presents a unique investment opportunity. Currently housing a diner, this two-story building sits on a 0.69-acre lot and offers immense potential for redevelopment or continued operation as a restaurant. The property boasts a highly visible location on a major thoroughfare, Route 1 South, experiencing approximately 93,000 vehicles daily, ensuring high traffic and exposure. Its convenient access from both Route 1 and Lafayette Road provides easy ingress and egress. The sale includes the land, building, and existing fixtures, allowing for immediate occupancy and operation. Abundant parking is available on-site. The property's versatility allows for various uses, including the possibility of a duplex franchise location, given the presence of other franchises in the area. The asking price is $3,200,000. This is an ideal opportunity for restauranteurs, investors, or franchisees seeking a prime location with significant development potential in a high-traffic area. The property's existing structure can be easily adapted to suit a variety of restaurant concepts or completely redeveloped to meet specific needs. Don't miss this chance to acquire a valuable commercial asset in a thriving New Jersey market.

Highlights

  • $3,200,000 asking price for this retail property.
  • Prime Route 1 South location in Edison, NJ, near Menlo Park Mall, with high daily traffic counts.
  • Existing diner building on a 0.69-acre lot, easily adaptable for various restaurant concepts or new construction.
  • Abundant parking and high visibility.
  • Potential for a duplex franchise or other commercial development.
  • Includes land, building, and fixtures.

Property Details for 1475 Highway Ter

Property type
Retail properties, Restaurants
Stories
2

Location Insight

City
Edison
County
Middlesex
State
New Jersey
Latitude
40.542554
Longitude
-74.3357159
1475 Highway Ter, Edison, New Jersey

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1475 Highway Ter
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