Properties

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, Phillpsburg Art event center, and eateries. Restaurant could rent for $2500/month (now vacant). At this price, buyer is in charge of finishing c/o work (which is not too bad; code report is accessible to your Realtor). Property has an Interconnected fire alarm . 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!

Features

  • Heating System : Multi-zone, Baseboard - Electric
  • Cooling System : Wall A/c Unit(s), Window A/c(s)
  • Basement : Full
  • Roof Deck : Flat
  • Furnished : Vinyl-linoleum
  • Lot Description: Level Lot
  • Tax Assessed Valuation: 241100
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric, Gas-Natural

Additional Info

  • Office Name: FREE BRIDGE REALTY, LLC
  • Office MLS ID: 4722
  • Agent ID: 277528
  • Tax: 10958
  • Tax Year: 2024
  • Application Fee: $0
  • Zoning: commercial

Commercial For Sale

For Sale
$435,000

150 S MAIN ST, Phillipsburg Town, *

  • SQFT 0.05 Acre
  • Built Year 1939

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5441187
  • Price: $435,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1939
  • Year Built Description: Standing
  • Lot Area: 0.05 Acre
  • Status: Active
  • Days On Market: 93

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Warren
  • City Phillipsburg Town
  • Zipcode *
  • Street: S MAIN ST
  • Street Number: 150
  • Street Direction: From Union Square/ Free Bridge - head SE on s. Mai
  • Building Name: 150
  • Floor Number: 0
  • Longitude: W76° 48' 1.4''
  • Latitude: N40° 41' 20''
  • Internet Display Address: No
Property