405 S Main St,Phillipsburg Town, NJ 08865
Phillipsburg Town, NJ 08865
Description
Turnkey two-unit mixed-use investment property located in the heart of Phillipsburg, New Jersey one of the state's growing and up-and-coming communities.The first floor features approximately 2,000 square feet of fully finished commercial space, a private bathroom, and basement storage. The space is currently occupied by an established Caribbean grocery store, with the tenant paying $2,200 per month under a lease through June 2027, providing immediate rental income for the new owner.The residential unit above offers two spacious levels of living space and features two bedrooms, a den, a large living room, a separate dining room, and recently updated interiors.This is an excellent opportunity for an investor seeking an income-producing mixed-use property or a future owner-occupant looking to live and operate a business in the same building. Conveniently located near downtown Phillipsburg's shops, restaurants, major roadways, and the Pennsylvania border. Don't miss this unique commercial and residential investment opportunity!
Details
| MLS # | 4051300 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1929 |
| Days On Site | 31 |
| Listing Provided By | REAL | STEVEN BETANCURTH |
Features
| Basement | Y |
|---|---|
| Story(s) | 2 |
| Units | 2 |
| Zoning | Commercial |
Taxes
| Property | 8990 |
|---|
Area Information
| State | NJ |
|---|---|
| County | Warren |
| City | Phillipsburg Town |
| Zip Code | 08865 |
| Area | Warren |
| Listing VS Median (in 08865) | |
Price: $450,000 low | high Med: $362,250 On site: 31 low | high Med: 250.5 | |
Market Activity 08865
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Learn More About This Property
| State | NJ |
|---|---|
| County | Warren |
| City | Phillipsburg Town |
| Zip Code | 08865 |
| Area | Warren |
| Listing VS Median (in 08865) | |
Price: $450,000 low | high Med: $362,250 On site: 31 low | high Med: 250.5 | |
