261 Saint Mihiel Dr, RIVERSIDE, NJ

$434,999

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14,863

Square feet

0.34

Acres

About 261 Saint Mihiel Dr

Significant Price Reduction—Serious Opportunity for Investors. Located in a rapidly improving area, this property offers strong long‑term upside. Zoned I‑2, it supports numerous commercial and industrial applications, making it ideal for redevelopment, owner‑use, or portfolio expansion. Prime restaurant opportunity in the heart of Riverside. 261 Saint Mihiel Drive sits along a highly traveled corridor with strong foot traffic and consistent motor‑vehicle flow, making it an ideal location for a food‑service business seeking visibility and accessibility. The property is currently moving through key compliance steps, including a Certificate of Occupancy, a fully permitted fire suppression system, and Board of Health regulatory requirements — all in process and expected to be completed in the near future. These upgrades position the building as a near‑turnkey restaurant space while allowing tenants to complete any additional due diligence required for their specific business type. Any business‑specific modifications, fit‑outs, or upgrades needed for a tenant’s particular restaurant concept will be the responsibility of the tenant. Price increase reflects compliance upgrades and approvals that are in the process of completion by landlord. Rental Option is to include but not limited to $2,400 per month (Triple Net Lease) The township may also make additional land available, enabling easement access to American Legion Drive—an advantage rarely offered. Current rental option: $2,400/month, (Triple Net Lease)

Features of 261 Saint Mihiel Dr

MLS® # NJBL2060228
Price $434,999
Bathrooms 0.00
Square Footage 14,863
Acres 0.34
Year Built 1960
Type Commercial Sale
Sub-Type Land for Commercial Use
Status Active

Community Information

Address 261 Saint Mihiel Dr
Area Riverside Twp
City RIVERSIDE
County BURLINGTON-NJ
State NJ
Municipality RIVERSIDE TWP
Zip Code 08075

Amenities

Utilities Natural Gas Available
Is Waterfront No

Interior

Heating Forced Air
Cooling None

Exterior

Exterior Block
Roof Flat
Construction Block
Foundation Concrete Perimeter

Additional Information

Date Listed February 14th, 2024
Days on Market 895
Zoning I-2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHerron Real Estate
Contact Info8562350111

Listing Map

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