Properties

Description

Check out this exceptional investment opportunity in Boonton's growing market! 1015 Main St presents a rare opportunity to acquire a well-located commercial property in the heart of downtown Boonton, a rapidly developing market with increasing demand for mixed-use assets. Situated on the town's bustling Main Street, this property benefits from high visibility, strong pedestrian traffic, and close proximity to established businesses, restaurants, and retail destinations. This asset comes with town-approved plans for a strategic mixed-use conversion, allowing for one or two commercial units on the ground floor and four residential apartments on the second and third floors. These approvals provide a significant value-add opportunity for investors seeking to reposition the property for long-term growth and stability. Boonton's continued economic expansion and revitalization efforts make this an ideal time to invest. The property's prime location, coupled with its redevelopment potential, offers both immediate and long-term upside. Whether as a stabilized commercial investment or a repositioned mixed-use asset, 1015 Main St represents a compelling opportunity to capitalize on the strength of a growing market.

Features

  • Heating System : Baseboard - Hotwater
  • Cooling System : No Cool
  • Basement : Unfinished
  • Roof Deck : Flat
  • Furnished : Stone
  • Tax Assessed Valuation: 262800
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Gas-Natural

Additional Info

  • Office Name: KELLER WILLIAMS PROSPERITY REALTY
  • Office MLS ID: 5371
  • Agent ID: 307059
  • Tax: 7192
  • Tax Year: 2024
  • Application Fee: $0
  • Zoning: B-1

Commercial For Sale

For Sale
$495,000

1015 Main St, Boonton Town, *

  • SQFT 65 Acre
  • Built Year 1950

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5335327
  • Price: $495,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1950
  • Year Built Description: Historical
  • Lot Area: 65 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Map

Address Map

  • Country US
  • County Morris
  • City Boonton Town
  • Zipcode *
  • Street: Main St
  • Street Number: 1015
  • Street Direction: 287 to Main St, Building on right, or Boulevard to
  • Floor Number: 0
  • Longitude: W75° 35' 7.7''
  • Latitude: N40° 54' 24.9''
  • Internet Display Address: No
Property