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$6,950,000
25 Days On Site

61 SAINT MIHIEL DRIVE
DELRAN, NJ 08075

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths

SqFt

/SqFt
1940
Built
County:
BURLINGTON
Listing courtesy of BHHS Fox & Roach-Marlton

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61 SAINT MIHIEL DRIVE61 SAINT MIHIEL DRIVE61 SAINT MIHIEL DRIVE61 SAINT MIHIEL DRIVE
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Exceptional Delaware River Waterfront Development Opportunity 55-57, 61 & 63 Saint Mihiel Drive |Delran, New Jersey Presenting one of Southern New Jersey's most unique waterfront development opportunities. Encompassing approximately 7.7 acres across five contiguous parcels, this premier Delaware River property offers an exceptional combination of scale, location, existing improvements, and future redevelopment potential. Ideally situated in Delran, Burlington County, the property enjoys convenient access to Route 130, Route 73, I-295, the New Jersey Turnpike, and the Tacony-Palmyra Bridge, providing direct connectivity to Philadelphia and the greater South Jersey region. Its strategic location places residents and businesses within minutes of major employment centers, retail corridors, dining, and recreational amenities while offering the tranquility and scenic beauty of a true waterfront setting. With approximately 1,200 feet of road frontage and more than 1,000 feet of direct frontage along the Delaware River, the property offers panoramic river views that are rarely available in today's market. Included riparian rights further enhance the property's long-term value and development appeal. The site is currently improved with a 10,000± square foot catering and banquet facility that successfully operated for more than 25 years, a 2,000± square foot office building, a 2,800± square foot two-story residence, and a 2,500± sq ft warehouse. Formerly Clarks Landing Marina which operated as a successful marina for many years. These existing improvements provide flexibility for interim income, owner occupancy, adaptive reuse, or phased redevelopment. Outstanding Residential Development Potential With nearly eight acres of contiguous waterfront land, the property presents an exceptional opportunity to create a signature residential community unlike any other in the region. The expansive site is well suited for a thoughtfully designed waterfront development featuring luxury condominiums, townhomes, or a mixed residential community, subject to municipal approvals. Future residents could enjoy: Unobstructed Delaware River views Private waterfront promenades and walking trails Community green space and outdoor gathering areas Boat access or marina-related amenities (subject to approvals) Luxury residential units with balconies and rooftop terraces overlooking the river Convenient commuting access to Philadelphia and major South Jersey highways As demand continues to grow for high-quality waterfront housing close to Philadelphia, opportunities to develop large-scale riverfront communities have become increasingly limited. The property's size, frontage, and unique setting position it as an ideal candidate for a transformative residential project that capitalizes on both lifestyle appeal and long-term investment value. Investment Highlights Approximately 7.7 acres across five contiguous parcels Over 1,000 feet of Delaware River frontage Approximately 1,200 feet of road frontage Included riparian rights Existing improvements totaling approximately 17,300 square feet 10,000± SF banquet/catering facility 2,000± SF office building 2,800± SF two-story residence 2,500± SF warehouse Established catering venue with more than 25 years of operating history Minutes from Rt 130, Rt 73, I-295, the New Jersey TP, and the Tacony-Palmyra Bridge Convenient access to Phila. and the surrounding metropolitan area Exceptional opportunity for luxury waterfront condominiums, townhomes, mixed-use, hospitality, or continued commercial use, subject to zoning and municipal approvals Opportunities of this caliber are exceedingly rare. Whether envisioned as a landmark waterfront residential community, an upscale mixed-use destination, or a repositioned commercial waterfront asset, 55-57, 61 & 63 Saint Mihiel Drive offers investors and developers the chance to acquire one of the Delaware River's most significant redevelopment sites in Southern NJ.

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Listing Snapshot
Price 
$6,950,000
Days On Site 
25 Days
Bedrooms 
N/A
Inside Area (SqFt) 
0.0 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.75 Acres
Year Built 
1940
MLS® Number 
NJBL2116842
Status 
Active
Property Tax 
$13,480
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
yesterdayPrice changed to $6,950,000
yesterdayListing updated with changes from the MLS®
4 weeks agoListing first seen on site
General Features
Acres 
0.75
Parking 
Parking Lot
Parking Spaces 
100
Sewer 
Public Sewer
Special Circumstances 
Standard
Water Source 
Public
Zoning 
H - HARBOR DISTRICT
Interior Features
Appliances 
Gas Water Heater
Cooling 
Central AirElectric
Heating 
Natural GasForced Air
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Community Features
MLS Area 
Delran Twp (20310)
School District 
DELRAN TOWNSHIP PUBLIC SCHOOLS
Schools
School District
DELRAN TOWNSHIP PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of BHHS Fox & Roach-Marlton



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Neighborhood & Commute
Source: Walkscore
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