1031 Rte 202 Branchburg, NJ 08876
- Commercial real estate
- 2,625 SF
Current Use by Public Records
- Commercial real estate
Property Details for 1031 Rte 202
- Year built
- 1950
- Property size
- 2,625 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 1031 ROUTE 202 Unit 0 in Branchburg, New Jersey, presents a compelling investment opportunity. The property encompasses a generous 2,625 square feet of space, ideal for a variety of commercial uses. A key feature of this offering is the inclusion of two separate lots, designated as Block 57, Lots 4 and 5, significantly enhancing the property's potential and value. The property's location on Route 202 provides excellent visibility and accessibility, making it an attractive proposition for businesses seeking high traffic exposure. The asking price for this property is $1,375,000. Given the size of the building, the inclusion of two lots, and the strategic location, this property represents a strong investment opportunity in a thriving commercial area. The absence of land (0 acres) indicates the building is likely situated on a pre-existing commercial development. Further due diligence is recommended to fully assess the property's suitability for specific business needs and to explore potential development options. Interested parties are encouraged to conduct thorough inspections and assessments to confirm the property's condition and suitability for their intended use.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Branchburg
- County
- Somerset
- State
- New Jersey
- Longitude
- -74.6931
- Latitude
- 40.5638
