Current Use by Public Records
- Commercial real estate
Property Details for Cedar Grv Ln
- Property type
- Commercial real estate
Description
This 4,000 square foot freestanding commercial building in Franklin, NJ, presents a fantastic opportunity for a variety of businesses. Previously utilized as a daycare center, the property is readily adaptable to various office uses, though a variance from the Township may be required by the tenant. The building boasts a full basement accessible via an exterior door, providing ample storage or potential for expansion. A pre-installed security camera system is available for tenant conversion. Modern features include recessed lighting throughout, an interior sprinkler system, and a recently upgraded electrical service. Its convenient location offers easy access to Route 287, nearby shopping centers, and numerous hotels, ensuring high visibility and accessibility. The landlord is responsible for snow removal and lawn maintenance, while the tenant will be responsible for repairs, annual sprinkler system inspections, a portion of property taxes, trash removal, and all utilities. This property offers a compelling combination of functionality, modern amenities, and a prime location, making it an attractive investment opportunity.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Franklin
- County
- Somerset
- State
- New Jersey
- Longitude
- -74.5077
- Latitude
- 40.5359
