Listing Courtesy of: 908-627-2880 - BENJAMIN JAMPEL - WEICHERT REALTORS
908-782-8800
$469,900
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150 MAIN ST Unit 1-5 Flemington, NJ 08822
General Commercial
Residence
Beds
5
Baths
3,290
Sq. Ft.
0.26
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Welcome to 150 Main St, a prime commercial property poised for significant growth and opportunity! This well-maintained building features two bustling commercial spaces on the first floor, perfect for retail or office use, providing excellent visibility in a thriving area. Above, the property boasts... three spacious one-bedroom, one-bath residential units on the second and third floors, offering additional income. With a full basement equipped with two sets of washers and dryers, tenants will appreciate the convenience of on-site laundry facilities. Currently generating a gross operating income of $75,000 and a net operating income of $37,724, this property presents a remarkable opportunity to increase revenue by bringing residential rents up to market value. The property also has an out building that is not currently being rented and offers 13 off street parking spaces. Located just a block from the county courthouse and the exciting Union Hotel redevelopment project, this property is strategically positioned in a bustling area of Flemington. With ongoing developments and a revitalizing Main Street, now is an exceptional time to invest in this vibrant community. Don't miss out on the potential of 150 Main St your next successful investment awaits!
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MLS#
3927236
Property Type
General Commercial
Bathrooms
Year Built
1890
Square Feet
3,290
sq. ft
Price per Sq. Ft.
$142.82
Lot Size
0.26
Sewer
Public Sewer
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