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Commercial Sale For Sale

405 Thomas St, Phillipsburg Town, NJ 08865-3498

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Property Description
An exciting opportunity for investors and owner-occupants alike, this 8167-square-foot commercial strip center in Phillipsburg, New Jersey, offers substantial value-add potential in an established residential and commercial area. With a mix of existing businesses and a large vacant space ready for its next use, this property presents an opportunity to enhance the tenant mix, attract new businesses, and unlock additional value.Strategically situated near Interstate 78, the property benefits from convenient highway access and proximity to surrounding industrial businesses that contribute to the area’s economic activity. Phillipsburg has experienced positive growth in recent years, creating an appealing backdrop for businesses looking to establish or expand their presence in the community.Located within a busy residential neighborhood, the center benefits from its proximity to the Phillipsburg Board of Education and other important local buildings and amenities that can help generate activity in the surrounding area.The property currently features a diverse mix of tenants, including a laundromat, pizza restaurant, and convenience store, providing an established commercial presence. A substantial vacant space offers significant flexibility for an incoming owner to introduce new tenants, accommodate an owner-operated business, or reposition the center to maximize its potential.
Basic Details
Property Type:
Commercial Sale
Listing Type:
For Sale
Listing ID:
4058503
Price:
$1,200,000
Year Built:
1948
Lot Area:
0.30 Acre
Status:
Active
Office Name:
SERHANT NEW JERSEY LLC
Agent Name:
JONATHAN SIMHAYOFF
Property Sub Type:
MixedUse
Roof:
See Remarks
Features
Heating System:
4+ Units
Cooling System:
4+ Units
Basement:
Walkout, Finished, Storage
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Address Map
Country:
US
State:
NJ
County:
Warren
City:
Phillipsburg Town
Zipcode:
08865-3498
Street:
Thomas St
Street Number:
405
Longitude:
W76° 49' 29''
Latitude:
N40° 41' 13.7''
Directions:
US-22 W to Country Road 519 and Green St to Thomas St
Zoning:
R-50
Additional Information
Lot Size Dimensions:
.304 ACRE
Water Source:
Public Water
Stories Total:
1
Number Of Units Total:
4
Building Size:
8167
Financial
Tax Annual Amount:
17475
Listing Information
Co List Agent Mls Id:
306507
List Agent Mls Id:
399906
List Office Mls Id:
6081
Mls Status:
Active
Modification Timestamp:
2026-10-16T15:56:23Z
Originating System Name:
gsmls
Commercial Sale For Sale
Listing ID:
4058503
Lot Area:
0.30 Acre
$1,200,000
Agent info
Contact Agent

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