522 Memorial PkwyPhillipsburg, NJ 08865
- Other commercial real estate
- 1,764 SF
Property Details for 522 Memorial Pkwy
- Year built
- 1920
- Construction
- FRAME
- Lot size
- 0.24 AC
- Property size (Sq ft)
- 1,764 SF
- Zone code
- B-2
- Property type
- Other commercial real estate
- APN
- 19 01109-0000-00001
- APU
- 1901109000000001
Description
This exceptional 1,764 sq ft commercial building in Phillipsburg, NJ, presents a fantastic investment opportunity. Located at 522 Memorial Parkway, Unit 0, this two-story property boasts a prime highway location, offering excellent visibility and accessibility. Previously used as an attorney's office, the space features a spacious reception area, multiple private offices, and several conference rooms, making it suitable for a variety of professional uses. The main office area is highlighted by attractive built-in wooden bookcases. Both floors include private bathrooms—a full bath on the first floor and a half bath on the second. A convenient kitchenette is located on the second floor. Ample private parking is available on the 0.24-acre lot. The building benefits from excellent highway signage and access to public utilities. Currently heated by oil, natural gas is available at the street for potential conversion. Two electric meters provide flexibility in utility management. The property's history as a two-family residential home offers potential for conversion or mixed-use development, subject to necessary town approvals. Its strategic location is approximately one mile from the Delaware River Toll booth into Easton, PA, and minutes from Routes 22, 78, and 519. The property is being sold AS IS.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $501,576
- Hospitality
- $459,441
- Educational
- $382,250
- Medical
- $395,396
- Retail
- $594,610
Location Insight
- City
- Phillipsburg
- County
- Warren
- State
- New Jersey
- Latitude
- 40.6961
- Longitude
- -75.1849
- 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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