1010 Us Highway 202Branchburg, NJ 08876

Property Details for 1010 Us Highway 202

Year built

1968

Property size (Sq ft)

8,250 SF

Property type

Other commercial real estate

Description

This exceptional 8,250 square foot strip mall is situated at 1010 US Highway 202, Unit 1010, in Branchburg, New Jersey. Currently configured as a single-level commercial space, this property presents a unique investment opportunity due to its prime location on a busy highway, surrounded by numerous corporations and hotels, ensuring high visibility and foot traffic. The existing structure offers significant potential for expansion. A key advantage is the possibility of adding two additional levels, creating up to sixteen new apartment units. This expansion would dramatically increase the property's value and rental income, making it an even more attractive investment. The asking price for this remarkable property is $2,800,000. The property sits on a 0-acre lot, offering ample space for the existing structure and potential future development. This is a rare chance to acquire a well-located commercial property with substantial upside potential in a thriving area. The strategic location and expansion possibilities make this an ideal investment for those seeking strong returns and long-term growth. Don't miss this opportunity to own a piece of Branchburg's vibrant commercial landscape.

Location Insight

City

Branchburg

County

Somerset

State

New Jersey

Latitude

40.5653

Longitude

-74.6916

FAQs

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