Homes for sale - 150 S MAIN ST, Phillipsburg Town, NJ 08865

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Alexander Moldoff

alexgoldcoast@gmail.com +1(201) 658-7463

$425,000

Est. payment - /mo

2,178 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3971521

Year Built 1939

Annual Tax Amount $10,958

Tax Year 2024

Lot Size 2,178 Sqft

Property Sub-Type Mixed Use

Property Description

At edge of NJ find the gateway to the Lehigh Valley, here on the Main street of this charming river town. Situated in the heart of historic downtown Phillipsburg, near the popular train rides with city parking out back. Classic charming fully-equipped restaurant, with 2 income-producing apartments above. Great location, location, location for eatery, with 4 years to go on the lease. This mixed-use property offers excellent potential; two renovated apartments above are ready to go! 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 and eateries. Restaurant could rent for $2500/month (now vacant, for sale). At this price, buyer is in charge of finishing c/o work (approx $8-10,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 $1500 each. $60,k gross annual rent potential. 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 that is brimming with opportunity.

Location

State NJ

County Warren

Zoning commercial

Rooms

Basement Full

Interior

Heating Electric, Gas-Natural

Cooling Wall A/C Unit(s), Window A/C(s)

Flooring Vinyl-Linoleum

Equipment Appliances, Exhaust System, Fire Alarm, Fixtures, Furniture, Kitchen Area, Smoke Detector, Storage Area(s)

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Composition Siding

Utilities Available Electric, Gas-Natural

Roof Type Flat

Building

Lot Description Level Lot

Story 3

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

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Listed by FREE BRIDGE REALTY, LLC

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Alexander Moldoff

+1(201) 658-7463

Broker Associate | License ID: 1007988

Broker Associate License ID: 1007988

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150 S MAIN ST Phillipsburg Town, NJ 08865

Alexander Moldoff

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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