Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1939
Sq.Footage
4,100
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!
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Window Unit(s)
-
Heating YN
YES
-
Heating
Baseboard, Electric, Natural Gas, Zoned
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Parking
On Street
-
Pool
No
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
0.05
-
Property Type
Commercial Sale
-
Property Sub Type
Mixed Use
Price
-
Sales Price
$435,000
-
Tax Amount
$10,958
-
Zoning
commercial
-
Sq. Footage
4,100
-
Price/SqFt
$106
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Ownership
Fee Simple
-
Sewer
Public Sewer
-
Tax Lot
*
-
Water Source
Public
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Location
County
Warren
Elementary School
Middle School
High School
Listing Courtesy of None, FREE BRIDGE REALTY, LLC
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