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$ 1,200,000
Est. payment | /mo
9,843 SqFt
$ 1,200,000
Est. payment | /mo
9,843 SqFt
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 9,843 sqft
Price per Sqft $121
MLS Listing ID 4058503
Year Built 1948
Annual Tax Amount $17,475
Tax Year 2025
Lot Size 0.300 Acres
Property Sub-Type Mixed Use
Property Description
An exciting opportunity for investors and owner-occupants alike, this 9,483-square-foot commercial strip center in Phillipsburg, New Jersey, offers substantial value-add potential in an established residential and commercial area. With a mix of existing businesses and a large vacant space ready for its next use, this property presents an opportunity to enhance the tenant mix, attract new businesses, and unlock additional value.Strategically situated near Interstate 78, the property benefits from convenient highway access and proximity to surrounding industrial businesses that contribute to the area's economic activity. Phillipsburg has experienced positive growth in recent years, creating an appealing backdrop for businesses looking to establish or expand their presence in the community.Located within a busy residential neighborhood, the center benefits from its proximity to the Phillipsburg Board of Education and other important local buildings and amenities that can help generate activity in the surrounding area.The property currently features a diverse mix of tenants, including a laundromat, pizza restaurant, and convenience store, providing an established commercial presence. A substantial vacant space offers significant flexibility for an incoming owner to introduce new tenants, accommodate an owner-operated business, or reposition the center to maximize its potential.
Location
State NJ
County Warren
Zoning R-50
Rooms
Basement Finished, Storage, Walkout
Interior
Heating Gas-Natural
Cooling 4+ Units
Equipment See Remarks
Heat Source Gas-Natural
Exterior
Exterior Feature See Remarks
Utilities Available Electric, Gas-Natural
Roof Type See Remarks
Garage No
Building
Story 1
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by SERHANT NEW JERSEY LLC
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