370 Memorial Pkwy - Storefront Retail/Office FOR SALE


Phillipsburg, NJ 08865
$2,100,000 USD
908-879-5263
370 Memorial Pkwy, Phillipsburg, NJ for Sale
$2,100,000 USD
Storefront Retail/Office - FOR SALE
1/14
null | 7.09% Cap Rate

370 Memorial Pkwy
Phillipsburg, NJ 08865


HIGHLIGHTS

  • Hwy Location
  • Office/Retail Mix
  • Updated Mechanicals

OVERVIEW

Fully Leased Office/Retail Investment Property Fantastic opportunity to own a fully leased office/retail building in a highly visible highway location. This impressive all-brick property features updated building systems, elevator service, and quality granite and marble finishes throughout. The building has been well maintained and offers an attractive combination of professional office and retail space. With 100% occupancy, strong visibility, and convenient highway access, this is an excellent turnkey investment opportunity for an investor seeking a stabilized commercial asset.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$105 USD /SF

CAP RATE

7.09%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

48

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

Commercial

APN/PARCEL ID

19-01227-0000-00002

ASK ABOUT THIS PROPERTY

Robert McDonaldWeichert RealtorsMore Info
908-879-5263

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Robert McDonaldWeichert RealtorsMore Info
908-879-5263

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