Prime Downtown Commercial Building with Expansion Potential! Seize the opportunity to own a high-visibility commercial property in the heart of Boonton’s thriving downtown district. Positioned directly on Main Street, this 925 sqft building offers an exceptional investment for both owner-occupants and developers looking to capture the upside in one of Morris County’s most dynamic markets. With constant through-traffic, strong walkability scores, and a steady influx of visitors drawn to Boonton’s shops, restaurants, and community events, 416 Main Street is ideally situated for retail, office, or mixed-use development. Key Features: - 925 sq ft main-level commercial space – adaptable for retail, office, or service-based businesses - Two restrooms plus kitchenette for convenience - Full unfinished basement with high ceilings – excellent for storage, workshop space, or future build-out - Additional lot on Plane Street (rear of property) – provides parking, outdoor space, or expansion capability - Town feedback has suggested easy approvals for vertical expansion (adding one or more floors) or horizontal expansion into the rear lot - Low property taxes, keeping operational costs down - Aggressively priced compared to recent downtown Boonton sales—properties with less potential have sold for significantly more - Development Potential This property is not just a turnkey space—it’s a platform for growth. Current zoning and municipal feedback open the door for: - Mixed-use development with retail/office on the ground floor and apartments or offices above - Second-story or third-story additions for increased leasable square footage - Expansion into the rear lot to create larger commercial space, additional units, or parking solutions - Multi-tenant configuration to maximize rental income Investors and developers will appreciate the flexibility to reimagine the space for maximum ROI, whether by increasing rental yield, improving resale value, or creating a signature commercial asset in the downtown corridor. Location Advantages: Boonton has undergone a remarkable revitalization in recent years, attracting entrepreneurs, restauranteurs, and creative ventures. The Main Street corridor now boasts a vibrant mix of small businesses, cultural events, and foot traffic year-round. Strategic location features include: - Major highway access: Routes 46, 80, 287, 280, and 23 all within minutes - Public transit: Bus and train service direct to New York City - Recreational appeal: Proximity to local parks and green spaces, enhancing the area’s livability and draw for both residents and visitors This strong community momentum creates a high-demand environment for both commercial and mixed-use properties—positioning 416 Main Street as a smart, future-focused acquisition. Investment Highlights: - Prime Main Street frontage in an active commercial corridor - Multiple streams of potential income through multi-use development - Significant upside potential through vertical/horizontal expansion - Low carrying costs due to minimal property taxes - Competitive pricing with value-add opportunity - Strong demand from tenants seeking well-located space in Boonton’s growing market The Bottom Line 416 Main Street offers a rare combination of current usability, immediate cash-flow potential, and long-term development upside. Whether you’re a small business owner seeking a flagship location, an investor building a portfolio, or a developer looking for a prime Main Street project, this property delivers on location, flexibility, and growth potential. Contact Alex with The Houser Team today to schedule a tour, review municipal feedback on expansion opportunities, and explore how this downtown Boonton asset can work for your business or investment strategy.