511 S Main St

    Phillipsburg Town, NJ 08865
    • $375,000
    • STATUS: Active
    • ON SITE: 55 days
    • MLS #: 3626921
    UPDATED: 90 min ago
    $375,000
    • 0
      BEDS
    • 0.06
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,200
      SQFT
    • $89
      $/SQFT
    Type:
    Commercial
    Built:
    2019
    County:

    School Ratings & Info

    Description

    Street level renovated beautiful space! APPROX 2600 sq.ft. with two new restrooms and a door to the back, for deliveries/trash. New: Floors, windows, walls, LED recessed lighting, roof, electric, etc. Excellent opportunity to take advantage of the NJ Opportunity Zone here! This building has been completely renovated from head to toe and is currently for sale, with over 9% CAP Rate... bring your business, and let the $2400/month income from upstairs help to pay the bills. Tenant that signs 5-year lease may benefit from the NJOZ and possible receive 15% rent back monthly for first 2 years as they grow their business. 1st fl. currently available for $1700/mon. lease. HVAC not yet been installed on 1st, since the system could depend on use. Beautiful Brand New Space awaits exciting new office/retail: Carpe Diem!

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    © 2020 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Select. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than RE/MAX Select are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-06-01T06:46:36.387.
    www.previewnjhomes.com/homes/104850210

    511 S Main St Phillipsburg Town, NJ 08865

    • Price: $375,000
    • Status: Active
    • Updated: 90 min ago
    • MLS #: 3626921
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.06
    Acres
    4,200
    SQFT
    $89
    $/SQFT
    2019
    Built
    County:
    Warren
    Area:
    Phillipsburg Town
    Property Description
    Street level renovated beautiful space! APPROX 2600 sq.ft. with two new restrooms and a door to the back, for deliveries/trash. New: Floors, windows, walls, LED recessed lighting, roof, electric, etc. Excellent opportunity to take advantage of the NJ Opportunity Zone here! This building has been completely renovated from head to toe and is currently for sale, with over 9% CAP Rate... bring your business, and let the $2400/month income from upstairs help to pay the bills. Tenant that signs 5-year lease may benefit from the NJOZ and possible receive 15% rent back monthly for first 2 years as they grow their business. 1st fl. currently available for $1700/mon. lease. HVAC not yet been installed on 1st, since the system could depend on use. Beautiful Brand New Space awaits exciting new office/retail: Carpe Diem!
    Exterior Features

    Approximate Lot Size .063 ACRE Construction Brick/Block Exterior Description Brick/Block Location Business District Number Of Bays 0 Number Of Docks 0 Parking Driveway Description Hard SurfaceOn-Street Parking Roof Description Asphalt ShingleFlat

    Interior Features

    Basement Yes Basement Description FullStorage Cooling See Remarks Equipment Available Fire AlarmRestrooms - PublicSign - BuildingSmoke DetectorStorage Area(S) Floors Laminate Heating No Heat Max Ceiling Height 7 Max Door Height 7 Number Of Lavatories 2 Office Sq Ft 2600

    Property Features

    Available Immediately Building Number 511 DEPStatus Unknown Expenses Include InsuranceMaintenance - ExteriorSnow RemovalTaxesTrashWater/Sewer For Sale Or Lease For Sale Free Rent See Remarks Fuel Type Gas-Natural Gross Operating Income 49200 Lease Includes Building MaintenanceSewerTaxesWater Lease Type Net Net Operating Income 37000 Owner Pays SewerWater Permitted Use OfficeRetailRestaurantComply W/ Pburg Codes Pre Rental Requirements Credit App. Magistrate Check Primary Property Type Offcretl Prior Use Mac's Pub (Neighborhood Bar) Property Type Mixed UseOffice/RetailRestaurant/Bar Sale Includes Building & BusinessSee Remarks Sewer Public Sewer Suite Number 511 Tax Amount 5873 Tax Rate Amount 4.015 Tax Rate Year 2019 Tax Year 2019 Tenant Pays ElectricGasHeatHot WaterSnow RemovalTrash Removal Total Operating Expense 12000 Utilities Gas In StreetGas-Natural Utilities Paid By Tenant Water Public Water Year Built Description Renovated Zoning Commercial

    Listing information © 2020 Garden State Multiple Listing Service,LLC.
    Listing provided courtesy of Free Bridge Realty, Llc.


    © 2020 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Select. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than RE/MAX Select are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2020-06-01T06:46:36.387.
     
    RE/MAX Select
    1 Madison Avenue
    Morristown NJ, 07960