81 Broad StPhillipsburg, NJ 08865
- Industrial properties
- 0.48 AC
Property Details for 81 Broad St
- Construction
- BRICK
- Lot size
- 0.48 AC
- Zone code
- I-1
- Property type
- Industrial properties
- APN
- 19 00201-0000-00009
- APU
- 1900201000000009
Description
This exceptional 11,500 square foot commercial property, situated on a 0.48-acre lot in Phillipsburg, NJ, presents a unique investment opportunity. Ideally located on the Delaware River, this building offers convenient access to major roadways including Routes 22, 78, 57, and 33, ensuring seamless transportation and logistics. Zoned for light industrial use, the property boasts approximately 4,700 square feet of warehouse space, complete with a loading dock and drive-in bay, and 6,500 square feet of office space. The warehouse includes a spacious 1,500 square foot open area, while the office space comprises 13 private offices, a kitchen, and a dining room. Restrooms are ADA compliant, and the building features three-phase power. Its flexible layout allows for single-tenant occupancy or division into multiple units. The property benefits from its location within the Phillipsburg Urban Enterprise Zone (UEZ), offering significant business incentives such as reduced sales tax rates, tax exemptions, and access to various financial assistance programs including free rent and low-interest loans. Permitted uses within the UEZ include scientific or research laboratories, warehouses, wholesale operations, flea markets/antique malls, manufacturing, fabrication, packaging, and product conversion. This versatile property is well-suited for a variety of businesses seeking a strategic location and substantial financial advantages. The asking price is $995,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $5,994,744
- Hospitality
- $5,491,154
- Educational
- $4,568,576
- Medical
- $4,725,696
- Retail
- $7,106,673
Location Insight
- City
- Phillipsburg
- County
- Warren
- State
- New Jersey
- Latitude
- 40.6976
- Longitude
- -75.1997
- CBSA code
- 10900
- CBSA name
- ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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