Stewart's Root Beer - Drive - In
Amazing Retail Corridor!
Marketing description
Prime opportunity to own an iconic Stewart's Root Beer Drive-In on the highly trafficked Route 27 in Somerset, NJ! This exceptional property spans over an acre and includes a 1,180 sq. ft. building ideal for a restaurant, drive-in, or retail business. Located in Franklin Township, a thriving community with a population of over 62,000 and a strong median household income, this area is full of potential for high customer engagement.
The property’s location on a major artery guarantees high visibility, with approximately 38,000 vehicles passing by daily, making it a superb spot for attracting both local residents and passing travelers. Surrounded by retail stores, restaurants, and service providers, this site sits in a vibrant commercial environment ripe for business growth and brand expansion.
Seize this chance to invest in a storied property with undeniable charm, ample space for future expansion, and an unbeatable location in the heart of Somerset. Perfect for visionary entrepreneurs looking to make a mark in the area!
Investment highlights
Prime Location: Positioned on Route 27, a major artery in Franklin Township, Somerset County, NJ, the property benefits from high visibility and substantial traffic flow, ideal for business exposure.
Lot and Building Size: The site spans over an acre, offering ample space for parking and potential expansion. The existing structure is approximately 1,180 square feet, perfectly suited for a drive-in or similar dining establishment.
Zoning and Ownership: Zoned for commercial use, this property accommodates restaurant operations and a variety of other business ventures.
Traffic: Approximately 38,487 vehicles per day in the Franklin Park area. This high traffic volume enhances the visibility of the property, making it an attractive location for businesses seeking substantial exposure.
Demographics and Market Potential: Franklin Township has a population of over 62,000, with a moderate density and a median age of 38.3 years. The local community boasts a median household income of approximately $89,992, indicating a strong market for dining and retail options.
Local Amenities: The surrounding area includes a mix of retail stores, restaurants, and service providers, contributing to a dynamic commercial atmosphere.
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