261 SAINT MIHIEL DR, Riverside, NJ 08075
261 SAINT MIHIEL DR, Riverside, NJ 08075
261 SAINT MIHIEL DR, Riverside, NJ 08075
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Listed by Joshua Graham • Herron Real Estate
$419,999
Est. payment /mo
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0.34 Acres Lot
Price Dropped by $5K

261 SAINT MIHIEL DR Riverside, NJ 08075

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Matthew Curcio

Matthew Curcio

+1(856) 207-7592

UPDATED:

Key Details

Property Type Commercial

Sub Type Land for Commercial Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID NJBL2060228

Year Built 1960

Annual Tax Amount $3,023

Tax Year 2024

Lot Size 0.341 Acres

Acres 0.34

Lot Dimensions 99.10 x 150.00

Property Sub-Type Land for Commercial Use

Source BRIGHT

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)

Location

State NJ

County Burlington

Area Riverside Twp (20330)

Zoning I-2

Interior

Hot Water Electric

Heating Forced Air

Cooling None

Flooring Ceramic Tile, Concrete

Inclusions All Restaurant Equipment

Heat Source Natural Gas

Exterior

Garage Spaces 15.0

Utilities Available Natural Gas Available

Water Access N

Roof Type Flat

Accessibility None

Total Parking Spaces 15

Garage N

Building

Foundation Concrete Perimeter

Sewer No Septic System

Water Public

New Construction N

Schools

School District Riverside Township Public Schools

Others

Tax ID 30-00502-00010

Ownership Fee Simple

Security Features Security System

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard, Other

Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

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Matthew Curcio

Matthew Curcio

Broker Associate & Team Leader License ID: 0121845

+1(856) 207-7592

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261 SAINT MIHIEL DR

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