474 Center St
Phillipsburg, NJ 08865
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Income producing! Highly visible corner location in an Urban Enterprise Zone. 6% CAP
- The property is ideally zoned B2R5, including retail store, convenience c-store, gas station and/or storage space use.
- Development Opportunity, Strip Mall, Apartments, Mixed Use, Medical, etc
- Located in a high growth and development area (mega warehouse right next door) with opportunity for redevelopment and built-to-suit options.
- Recent Third Party CLEAN Environmental Inspections, Survey and Appraisals
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Bus Line
- Corner Lot
- Security System
- Drive Thru
- Storage Space
- Monument Signage
ABOUT 474 CENTER ST , PHILLIPSBURG, NJ 08865
Former Repair Facility now offered for sale. Clean Recent Third Party Environmental Report, recent appraisal and survey available. No Environmental Concerns. No Underground Tanks, Sections A and B just entered into five year lease. Total 9,156 sq ft plus mezzanines (2) drive through truck bays, and (3) Pull in bays with oversize overhead doors (3) offices on the first floor, and (3) offices on the second floor.Upgraded utilities 3-phase power. New Roof with lifetime warranty, Stucco and stone finish on the exterior. (2) parking lots offer ample parking for trucks, trailer, equipment or general parking.Many possible uses, retail, office, medical, auto or truck repair, warehouse, light manufacturing. Outside parking/storage allowed. High Ceilings, New Windows and doors, Security system. This building comes with alley access, and a large gravel side yard to accommodate fleets, or expansion. This is a must see with endless possibilities and is located in the Urban Enterprise Zone.
PROPERTY TAXES
| Parcel Number | 19-02301-0000-00002 | Improvements Assessment | $331,100 |
| Land Assessment | $168,000 | Total Assessment | $499,100 |
