NJ
Warren
Phillipsburg Town
08865
150 S Main St
150 S Main St, Phillipsburg Town, NJ 08865
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Listing Type
Commercial/Industrial
Listing Status
Active
16
$435,000

Home Details for 150 S Main St

Price
$435,000
Type
Commercial Sale
Year built
1939
Lot size acres
0.05
County
Warren
Basement
Full
MLS Listing#
4035768
Property Description

At the edge of NJ and gateway to the Lehigh Valley, here's a gem on the Main street of this charming river town. Situated in the heart of historic downtown Phillipsburg, near popular themed train rides with city parking out back. Classic fully-equipped restaurant, with 2 income-producing apartments above. Great location, location, location for eatery. This mixed-use property offers excellent potential; two nicely renovated 2 BR apartments above. Restaurant kitchen boasts a 15' hood with Ansul wet-system for fire suppression. 6-burner gas stove, walk-in freezer. Near many more cute shops, Art center, and eateries. Restaurant could rent for $2500/month (now vacant). At this price, buyer is in charge of finishing c/o work (approx $8,k code work). Property has an Interconnected fire alarm - needs a house panel to fully comply to code. Two apartments above should command at least $1600 each. If you do a $2200 lease on first that's over $60,k gross annual rent potential. Perfect for a restauranteur/chef that wants the additional steady income from above or live upstairs. Nice property with an upside and excellent spot to invest, in historic downtown PBurg! Scenic riverside spot with popular consigner and art center on the block. Walkable to downtown historic Easton PA - a quick stroll across the free bridge lands you in this fabulous LOCATION, brimming with opportunity. Sq footage is estimated. Brimming with POTENTIAL here!

Property Features
  • Heating Information
    • Baseboard
    • Electric
    • Natural Gas
    • Zoned
  • Cooling Information
    • Window Unit(s)
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Parking
    • On Street
  • Basement
    • Full
Listing Courtesy: FREE BRIDGE REALTY, LLC - 610-252-2552
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EXIT REALTY CONNECTIONS
149 Main St., Hackettstown, NJ 07840
Office
908 842 0010
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