543 Marshall StPhillipsburg, NJ 08865

Property Details for 543 Marshall St

Construction

CONCRETE BLOCKS

Lot size

0.81 AC

Zone code

B-2

Property type

Other commercial real estate

APN

19 01004-0000-00002

APU

1901004000000002

Description

This 8,100-square-foot flex building in Phillipsburg, NJ, presents a unique turnkey opportunity. Located directly off Route 22, this property boasts high visibility on a major retail corridor, surrounded by national tenants. The building features approximately 4,000 square feet of garage space with five drive-in doors and 4,000 square feet of recently renovated office space, including three separate offices, a kitchen, and two half-bathrooms. A significant feature is a large heated oil tank and fueling station capable of accommodating 53-foot tanker trucks, offering potential advertising revenue. The 2000-built building underwent renovations in 2023, including a complete office space overhaul, a resealed and restriped parking lot, and a new electrical system. The 0.81-acre lot is zoned B-2, allowing for a variety of uses, including retail, service businesses, service stations, offices, churches, and medical/dental clinics. The property's strong location within a 5-mile radius of a population exceeding 114,000 makes it an attractive investment. The asking price is $950,000, with a price per square foot of $117.28. The building is currently 100% occupied.

• Alternative Use

  Use

  Valuation

  Residential

  $10,032,660

  Hospitality

  $9,189,862

  Educational

  $7,645,858

  Medical

  $7,908,810

  Retail

  $11,893,556

Location Insight

City

Phillipsburg

County

Warren

State

New Jersey

Latitude

40.6966

Longitude

-75.1776

CBSA code

10900

CBSA name

ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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