$424,999

261 SAINT MIHIEL DR, Riverside, NJ 08075

  • Property Icon unknown
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 years ago

Property Description

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)

Listing Status:
Active
Data Last Updated:
September 24, 2026 at 7:17AM
Listing Office:
Herron Real Estate : 8562350111
Listing Agent:
Joshua Gardner Graham : 8563609544
MLS ID:
NJBL2060228
  • Flooring: Ceramic tileConcrete
  • A/C: None
  • Heating: Forced AirNatural Gas
  • Disability Feature: None
  • Roofing: Flat
  • General: BlockConcrete Perimeter
  • Originating MLS: BRIGHT_MAIN
  • School District: RIVERSIDE TOWNSHIP PUBLIC SCHOOLS
  • County: BURLINGTON-NJ
  • Zoning: I-230-00502-00010
  • Utilities: Natural gas available
  • Water: Public
  • Sewer: No Septic System
  • Source: BRIGHT_MAIN
  • Exclusions: Personal items

This listing courtesy of Joshua Gardner Graham , Herron Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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