1475 Highway Ter Edison, NJ 08837
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 1475 Highway Ter
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional commercial property, located at 1475 U.S. Highway 1 in Edison, New Jersey (zip code 08837), presents a unique investment opportunity. Currently housing a diner, this two-story building sits on a 0.69-acre lot and offers immense potential for redevelopment or continued operation as a restaurant. The property boasts a highly visible location on a major thoroughfare, Route 1 South, experiencing approximately 93,000 vehicles daily, ensuring high traffic and exposure. Its convenient access from both Route 1 and Lafayette Road provides easy ingress and egress. The sale includes the land, building, and existing fixtures, allowing for immediate occupancy and operation. Abundant parking is available on-site. The property's versatility allows for various uses, including the possibility of a duplex franchise location, given the presence of other franchises in the area. The asking price is $3,200,000. This is an ideal opportunity for restauranteurs, investors, or franchisees seeking a prime location with significant development potential in a high-traffic area. The property's existing structure can be easily adapted to suit a variety of restaurant concepts or completely redeveloped to meet specific needs. Don't miss this chance to acquire a valuable commercial asset in a thriving New Jersey market.
Value Estimation
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Location Insight
- Map
- Local Demand
- City
- Edison
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.3357
- Latitude
- 40.5426
