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511 S Main St
Phillipsburg, NJ 08865

NJ Opportunity Zone mixed-use GEM! · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,300 SF
Building Class
C
Year Built/Renovated
1920/2019
Tenancy
Single
Building Height
3 Stories
Building FAR
1.64
Lot Size
0.06 AC
Zoning
B-4 - Business – Central Business District
Frontage
22 FT on Main St.

About 511 S Main St , Phillipsburg, NJ 08865

Brick beauty features 2 stunning brand new apartments with beautiful finishes and life-time new flooring, plus tastefully refinished street-level commercial space. 2500 sq. ft. is ready for owner-occupant, or new retail/office. 3 lovely renovated units in NJ Opportunity Zone. Free standing building with new roof, new windows, new gas service ports (plus 2 extra hookups for business that uses first floor). 3 new hot water heaters, 200-amp new electric service for the first fl. commercial space plus 100-amp separated electrical service panels that serve each of the 2BR apartments. Tenants pay own gas heat, gas cooking stove, electric, centr air, and hot water. New: plumbing, roof, windows, furnaces, st. steel appliances, new clothes washer + dryer in each resi. rental, New floors in commercial space and two 2 new fresh powder rooms in retail/office. Clean basement storage; approx 120x 22'. NJ Opportunity Zone! Also in the UEZ (Urban Enterprise Zone) #investinPBurg Excellent numbers here. 2-story 2 residential bedroom unit in front is coming available for new tenant May 1... nice option for an owner occupant here; bring your business and live upstairs and collect the other residential unit's rental income. Or live here and lease out the street level space. Follow freebridgerealty on insta for an investors' live-streamed tour, coming soon.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19-02009-0000-00008
Land Assessment
$37,300
Improvements Assessment
$109,000
Total Assessment
$146,300
  • Listing ID: 18994422

  • Date on Market: 3/26/2020

  • Last Updated:

  • Address: 511 S Main St, Phillipsburg, NJ 08865

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