1015 Main St - Storefront Retail/Residential FOR SALE


Boonton, NJ 07005
$855,000 USD
862-354-1822
1015 Main St, Boonton, NJ for Sale
$855,000 USD
Storefront Retail/Residential - FOR SALE
1/8
null | Request Cap Rate

1015 Main St
Boonton, NJ 07005


HIGHLIGHTS

  • Permit-ready mixed-use development — approvals complete, ready to build.
  • Delivers nearly 5,000 SF consisting of apartments on upper two floors, with flexible commercial space on ground floor
  • Full construction architectural and engineering plans included in the sale
  • Locked-in $6,000 parking waiver — the same waiver costs $100,000 under today's ordinance.
  • Prime Main Street Historic District location with NJ Transit rail access to NYC.

OVERVIEW

1015 Main Street offers a rare, permit-ready mixed-use opportunity in the heart of downtown Boonton's Main Street Historic District. The fully approved project transforms an existing one-story building into a three-story mixed-use asset, delivering nearly 5,000 SF of combined flexible ground-floor commercial space (one or two units) with four 2-bedroom/1-bath residential apartments across the second and third floors — 4,888 SF of total above-grade building area. Site plan, county, and historic design approvals are complete, and the full architectural and engineering plan set conveys with the sale, leaving only standard contractor trade submittals before permit issuance. The property also carries a locked-in $6,000 parking waiver fee under the prior municipal fee schedule — a fraction of the $100,000 fee required for new applications today. A true turnkey acquisition for a builder-investor or long-term holder in a walkable, transit-served NJ downtown. Minutes from NJ Transit Boonton Station and Route 287.

FOR SALE DETAILS

PRICE

$855,000 USD

PRICE/SF

$698 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shovel Ready - Mixed Use Project

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

B-1

APN/PARCEL ID

01-00017-0000-00015-01

ASK ABOUT THIS PROPERTY

Clay PannaschFairclough RealtorsMore Info
862-354-1822

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Clay PannaschFairclough RealtorsMore Info
862-354-1822

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.