About This Home
This 0-bedroom, 0-bathroom other at 261 SAINT MIHIEL Drive in Riverside, NJ is listed for $424,999. Built in 1960, on a 0.34 acres lot.
Key Features
- Built in 1960
- 0.34 acre lot
- 15 parking spaces
Property Details
Significant Price Reduction-Serious Opportunity for Investors. Located in a rapidly improving area, this property offers strong longterm upside. Zoned I2, it supports numerous commercial and industrial applications, making it ideal for redevelopment, owneruse, 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 motorvehicle flow, making it an ideal location for a foodservice 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 nearturnkey restaurant space while allowing tenants to complete any additional due diligence required for their specific business type. Any businessspecific modifications, fitouts, 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)
Monthly Cost Estimate
$2,273/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
261 SAINT MIHIEL Drive
Riverside, NJ 08075
Property Details
Construction
Parking
Heating
Questions & Answers
This 0-bedroom, 0-bathroom other at 261 SAINT MIHIEL Drive is listed at $424,999. The estimated monthly payment is $2,273 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1960, 0.34 acre lot, 15 parking spaces.
This property is listed by Joshua Gardner Graham and can be reached at 8563609544.


