Iconic Stewart's Root Beer
For Sale
Contact for pricing
2551 NJ-27, Franklin Township, NJ 08873
Prime drive-in restaurant opportunity on Route 27 in Somerset, NJ.
Property Size1,180 SF
Lot Size1.00 Acre
Price / SF$1,440
Days on Market656
Property Features for 2551 NJ-27
General Information
Standard status
Active
Size
1,180 SF
Total Parking Spaces
50
Lot size
1.00 Acre
Property subtype
Retail
Zoning
Commercial
Investment Type
Value Add
Building Details
Year Built
1961
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Morsav Inc
Listed By:
Evmorfea Savidis · License #NY 1031120732
Source:
Crexi
Added: Nov 13, 2024
Changed: Aug 26
Last Checked: Aug 28 at 7:06PM
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 Morsav Inc
Investment Insights
Based on property information with market context.
This property presents an opportunity to own an iconic Stewart's Root Beer Drive-In, situated on Route 27 in Somerset, New Jersey. The property, spanning over an acre, includes a 1,180 square foot building suitable for a restaurant, drive-in, or retail business. Located in Franklin Township, the area has a population of over 62,000 and a strong median household income. The location on a major artery provides high visibility, with approximately 38,000 vehicles passing by daily. The site is surrounded by retail stores, restaurants, and service providers, creating a commercial environment. This property is suitable for entrepreneurs looking to establish a presence in the area.
Key Highlights
- High‑traffic location on Route 27 with approximately 38,000 vehicles passing daily.
- Prime commercial location in Somerset, NJ, surrounded by retail, restaurants, and service providers.
- Located in Franklin Township, a thriving community with a population of over 62,000.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
146
Businesses Nearby
Explore this area
Business Placement
Demographics for 08873, NJ
55,500
Population
22,142
Households
2.5
Avg Household Size
42
Median Age
54%
College-Educated
93%
High-School Grad
32.1 sq mi
ZIP Area
1,729
Density / Sq Mi
$117,866
Median Household Income
$61,727
Median Earnings
$1,942
Median Rent
$438,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Prime drive-in restaurant opportunity on Route 27 in Somerset, NJ.
Where is this drive through restaurant located?
The property is located at 2551 NJ-27 Franklin Township, NJ.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: High‑traffic location on Route 27 with approximately 38,000 vehicles passing daily.; Prime commercial location in Somerset, NJ, surrounded by retail, restaurants, and service providers.; Located in Franklin Township, a thriving community with a population of over 62,000.
