Property summary
This exceptional investment opportunity presents a rare chance to acquire a 2.9-acre commercial property in South Plainfield, New Jersey, encompassing two distinct buildings. The property features a well-established, approximately 10,000 square foot diner/restaurant complete with two private party halls. This established business is included in the sale. Additionally, a leased farmer's market operates on the site, providing a consistent income stream. Built in 1975, the single-story property boasts ample parking for over 200 vehicles, catering to the needs of both businesses. The expansive lot size offers significant potential for future development and expansion, making this a truly unique and lucrative investment prospect. Located at 214-224 in Middlesex County, NJ, zip code 07080, this property presents a compelling combination of existing income and substantial growth potential. The asking price is $3,800,000. This is a truly rare find in a desirable location, presenting an absolutely great investment opportunity.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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