Properties

Description

An exciting opportunity for investors and owner-occupants alike, this 8167-square-foot commercial strip center in Phillipsburg, New Jersey, offers substantial value-add potential in an established residential and commercial area. With a mix of existing businesses and a large vacant space ready for its next use, this property presents an opportunity to enhance the tenant mix, attract new businesses, and unlock additional value.Strategically situated near Interstate 78, the property benefits from convenient highway access and proximity to surrounding industrial businesses that contribute to the area's economic activity. Phillipsburg has experienced positive growth in recent years, creating an appealing backdrop for businesses looking to establish or expand their presence in the community.Located within a busy residential neighborhood, the center benefits from its proximity to the Phillipsburg Board of Education and other important local buildings and amenities that can help generate activity in the surrounding area.The property currently features a diverse mix of tenants, including a laundromat, pizza restaurant, and convenience store, providing an established commercial presence. A substantial vacant space offers significant flexibility for an incoming owner to introduce new tenants, accommodate an owner-operated business, or reposition the center to maximize its potential.

Features

  • Heating System : 4+ Units
  • Cooling System : 4+ Units
  • Basement : Walkout, Storage, Finished
  • Roof Deck : See Remarks
  • Tax Assessed Valuation: 373800
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Electric, Gas-Natural
  • Internet

Additional Info

  • Office Name: SERHANT NEW JERSEY LLC
  • Office MLS ID: 6081
  • Agent ID: 399906
  • Tax: 17475
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: R-50

Commercial For Sale

For Sale
$1,200,000

405 Thomas St, Phillipsburg Town, *

  • SQFT 0.30 Acre
  • Built Year 1948

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5467264
  • Price: $1,200,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1948
  • Year Built Description: Approximate
  • Lot Area: 0.30 Acre
  • Status: Active
  • Days On Market: 4

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Warren
  • City Phillipsburg Town
  • Zipcode *
  • Street: Thomas St
  • Street Number: 405
  • Street Direction: US-22 W to Country Road 519 and Green St to Thomas
  • Floor Number: 0
  • Longitude: W76° 49' 29''
  • Latitude: N40° 41' 13.7''
  • Internet Display Address: Yes
Property