246 Morris StPhillipsburg, NJ 08865

This exceptional mixed-use property at 246 Morris St, Phillipsburg, NJ, presents a unique investment opportunity. The 6,543 square foot concrete block building sits on a 0.21-acre corner lot and offers a fully operational auto body shop as its commercial component. The shop is equipped with a professional-grade paint booth exhaust system and floor drains, ensuring efficient and compliant operations. Adding to the income potential are three residential apartments: one one-bedroom unit and two two-bedroom units, all designed for comfortable living and tenant retention. Ample parking is available with up to 25 dedicated spaces, conveniently serving both commercial and residential tenants. The building's strategic location contributes significantly to its appeal. The current owner is open to selling the established auto body shop business, facilitating a smooth transition for a new owner. This turnkey operation offers a blend of commercial and residential income streams, making it an attractive investment in a desirable location. The asking price for this property is $625,000.