288 Anderson Rd Franklin Township, NJ 08802
This exceptional Franklin Township, NJ property, located at 288 W Anderson Road W, presents a unique investment opportunity priced at $1,250,000. The 1950-built land parcel offers a turnkey solution for an ambitious entrepreneur. The sale includes a substantial existing building featuring a spacious one-bedroom apartment ideal for owner-operator occupancy. A significant advantage is the inclusion of a Class C Broad liquor license, streamlining the process for a restaurant or catering business. The property boasts a large banquet room, naturally lit and capable of hosting events for 125-150 guests. Ample on-site parking is available, accommodating approximately 80 vehicles. This is a rare chance to acquire a fully equipped commercial property with significant existing infrastructure and a valuable liquor license in a desirable location. The property is zoned for commercial use and is situated in Warren County, NJ, zip code 08802. The property consists of one unit on a single-story building. Serious inquiries are encouraged to explore this promising venture.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.