2551 Nj-27Franklin Township, NJ 08873

Property Details for 2551 Nj-27

Year built

1961

Lot size

1.20 AC

Property size (Sq ft)

1,180 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional 1,180 sq ft. QSR/Fast Food property, situated on over an acre in Franklin Township, NJ, presents a unique value-add investment opportunity. Located on highly trafficked NJ-27, this single-unit building boasts 50 parking spaces and benefits from approximately 38,000 vehicles passing daily. Built in 1961, the property is zoned for commercial use and offers ample space for expansion. The thriving Franklin Township community, with a population exceeding 62,000 and a median household income of approximately $89,992, provides a strong market for retail and dining establishments. This location, surrounded by complementary businesses, ensures high visibility and significant potential for growth. The asking price is $1,680,000, translating to $1,423.73 per square foot. This is a rare chance to acquire a well-positioned property with significant historical charm and substantial upside potential in a vibrant commercial area. The property's size, location, and existing infrastructure make it an ideal investment for a variety of business ventures.

Location Insight

City

Franklin Township

County

Somerset

State

New Jersey

Latitude

40.4499

Longitude

-74.5224

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