Restaurant/Retail Opportunity Route 1
For Sale
Contact for pricing
1475 UNITED STATES ROUTE 1 Highway, Edison, NJ 08837
Restaurant or retail opportunity with high visibility on Route 1.
Property SizeContact for details
Days on Market855
Property Features for 1475 UNITED STATES ROUTE 1 Highway
General Information
Standard status
Active
Total Parking Spaces
62
Property subtype
Retail
Listing Agency:
KELLER WILLIAMS ELITE REALTORS
(732) 549-1998
Listed By:
PEGGY TRSTENSKY
Source:
Crexi
Added: Apr 20, 2024
Changed: Aug 8
Last Checked: Aug 21 at 2:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS ELITE REALTORS
Investment Insights
Based on property information with market context.
This property is suitable for restaurant, food, or retail use. It is located in a heavily traveled and highly visible area with frontage on Route 1 and Lafayette Road, near Menlo Park Mall. The surrounding area includes many major franchises. The sale includes the diner and the property. The diner is currently closed due to a small fire that was contained in the cooking line. The property is being sold as is.
Key Highlights
- Heavily traveled and highly visible location on Route #1 and Lafayette Road.
- Frontage on Lafayette Road which fronts Menlo Park Mall.
- Suitable for restaurant, food, or retail businesses.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
662
Businesses Nearby
17k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 53%
Hotels & Casinos 39%
Shops & Services 7%
Dunkin' Donuts
Dining
9,214 visits/mo
0.5 miles
Sheraton Edison
Hotels & Casinos
6,809 visits/mo
0.5 miles
Enterprise Rent-A-Car
Shops & Services
1,221 visits/mo
0.4 miles
Demographics for 08837, NJ
18,463
Population
7,670
Households
2.4
Avg Household Size
39
Median Age
52%
College-Educated
94%
High-School Grad
9.1 sq mi
ZIP Area
2,029
Density / Sq Mi
$107,948
Median Household Income
$63,140
Median Earnings
$1,778
Median Rent
$432,500
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- V P Deli Breakfast & Lunch — 2849 Woodbridge Ave # 9, Edison, NJ 08837
Frequently Asked Questions
What type of property is this?
Breakfast & diner - Restaurant or retail opportunity with high visibility on Route 1.
Where is this breakfast & diner located?
The property is located at 1475 UNITED STATES ROUTE 1 Highway Edison, NJ.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Heavily traveled and highly visible location on Route #1 and Lafayette Road.; Frontage on Lafayette Road which fronts Menlo Park Mall.; Suitable for restaurant, food, or retail businesses.
