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137 Chambers Street 137 Chambers St

9,306 SF Vacant Flex Building Phillipsburg, NJ 08865 $650,000 ($70/SF)

Investment Highlights

  • WELL MAINTAINED MIXED USED BULDING
  • FLOWING FLOOR PLAN WITH ARCHITECTUAL DESIGN AND LOTS OF HISTORY MAKES THIS A VERY SPECIAL PIECE OF HISTORY
  • TREMENDOUS UPSIDE POTENTIAL

Executive Summary

GREAT OPPORTUNITY This mixed-use building presents a fantastic opportunity for investment with great potential for growth. The property is well-maintained and thoughtfully designed, offering a variety of uses. The investment portfolio consists of a spacious 53x24 conference room, a 44x21 meeting room, and a fully equipped kitchen, as well as two full baths, a storage room, and an unfinished basement. Another section of the building features a stunning 50x49 prayer room, accessed through a charming foyer, complete with a kitchenette, an additional 37x23 meeting room, five offices, and two restrooms. The building's flowing floor plan, combined with its architectural design and rich history, make it an exceptionally unique piece of commercial real estate to own. With its numerous amenities and potential for expansion, this building is truly a gem. Originally built in 1886, the building boasts a stunning array of stained-glass windows making it of great interest for Civil War enthusiasts. The centerpiece is the arched main window donated and dedicated to the dead of the Elevenths Regiment - NJ Volunteers. While not included in the current list price, these windows are available for purchase at an additional cost to the building.

Property Facts

Price $650,000
Price Per SF $70
Sale Type Investment or Owner User
Sale Conditions Business Value Included
Property Type Flex
Lot Size 0.49 AC
Rentable Building Area 9,306 SF
No. Stories 2
Year Built/Renovated 1890/1960
Opportunity Zone Yes

About 137 Chambers St , Phillipsburg, NJ 08865

GREAT OPPORTUNITY WITH THIS WELL-MAINTAINED MIXED-USE BUILDING WITH TREMENDOUS UPSIDE POTENTIAL. WELL DESIGNED ABOUNDS FOR A VARIETY OF USES. THE INVESTMENT PORTFOLIO INCLUDES A 53X24 CONFERENCE ROOM, 44X21 MEETING ROOM, AND KITCHEN ALONG WITH 2 FULL BATHS, STORAGE ROOM, AND UNFINISHED BASEMENT. ANOTHER SECTION OF THE BUILDING HAS THE 50X49 PRAYER ROOM WHERE YOU WILL ENTER THROUGH THE ENCHANTING FOYER, ALSO HAVING A KITCHENETTE, AND ADDTIONAL 37X23 MEETING ROOM, 5 OFFICES AND TWO OTHER REST ROOMS. A FLOWING FLOOR PLAN ALONG WITH ARCHITECTUAL DESIGN AND LOTS OF HISTORY MAKES THIS A VERY SPECIAL PIECE OF COMMERCIAL REAL ESTATE TO OWN.

Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19-01404-0000-00016
Land Assessment
$47,300
Improvements Assessment
$963,000
Total Assessment
$1,010,300

zoning

Zoning Code R-50
R-50
  • Listing ID: 28978397

  • Date on Market: 7/12/2023

  • Last Updated:

  • Address: 137 Chambers St, Phillipsburg, NJ 08865

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