PRIME REDEVELOPMENT & INVESTMENT OPPORTUNITY! Strategically positioned land located within a redevelopment zone offering for cannabis, significant potential commercial, retail, and other permitted development. The proposed project includes an approximately 20,000 SF cultivation/manufacturing facility with the ability to operate both uses utilizing the applicable Class 1 Cultivation and Class 2 Manufacturing licenses, plus approximately 15,000 SF designated for manufacturing. The property also offers potential for a separate retail/general commercial building with possible end uses such as an urgent care facility, bank, or other permitted commercial operation. State cannabis licenses have been APPROVED, creating a valuable opportunity for an experienced operator or investor to advance the project. Buyer will be responsible for completing all remaining requirements necessary for development, construction, operation, and license transfer/use, as applicable. The property comes with extensive development materials, including architectural renderings, site plans, revised plans, odor mitigation plans, and CIVIL DRAWINGS. With multiple potential revenue-producing uses and substantial planning already completed, this property presents a compelling opportunity to develop a strategically positioned mixed-use commercial and cannabis project.
| MLS # | 4050335 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 73 |
| Listing Provided By | SERHANT NEW JERSEY LLC | BRENDALY RIVERA |
| Acreage | 2.00 |
|---|
| Property | 41750 |
|---|
| State | NJ |
|---|---|
| County | Burlington |
| City | Riverside Twp. |
| Zip Code | 08075 |
| Area | Burlington |
| Listing VS Median (in 08075) | |
Price: $1,200,000 low | high Med: $0 On site: 73 low | high Med: | |
| State | NJ |
|---|---|
| County | Burlington |
| City | Riverside Twp. |
| Zip Code | 08075 |
| Area | Burlington |
| Listing VS Median (in 08075) | |
Price: $1,200,000 low | high Med: $0 On site: 73 low | high Med: | |