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81 Broad St

12,000 SF Vacant Office Building Phillipsburg, NJ 08865 £785,055 (£65/SF)

Investment Highlights

  • Urban Enterprise Zone. The UEZ provides business incentives such as retailers selling at 50% of NJ Sales Tax Rate & Tax Exemptions
  • Some Permitted uses Scientific or research laboratories, Warehouses, Wholesale, Flea market/antique mall, manufacturing, fabrication, packaging
  • quick and easy access to Route 22, Route 78, Route 57, and Route 33

Executive Summary

Remarks: Check out this wonderful opportunity on the NJ / PA border. There is a solid building located on the banks of the Delaware River that is looking for a new owner. It is zoned for light industrial use. The building features approximately 4700 sq ft of warehouse space and 6500 sq ft of office space. The warehouse has a loading dock and a drive-in bay. The layout includes an open area of approximately 1500 sq ft, 13 private offices, a kitchen area, and a dining room. There are men's and ladies' restrooms that are ADA compliant, as well as 2 other powder rooms. The building has 3-phase power and could be divided to accommodate multiple tenants or used by a single tenant. Its location provides quick and easy access to Route 22, Route 78, Route 57, and Route 33. Building is part of the Phillipsburg Urban Enterprize Zone. The UEZ provides business incentives such as retailers selling at 50% of NJ Sales Tax Rate & Tax Exemptions, Nusiness Incentives, Free Rent, and Low Interest Loans. Some Permitted uses Scientific or research laboratories, Warehouses, Wholesale, Flea market/antique mall, manufacturing, fabrication, packaging and treatment of conversion of products.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
12,000 SF
Building Class
C
Year Built
1930
Price
£785,055
Price Per SF
£65
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
12,000 SF
Slab to Slab
12 ft
Building FAR
0.57
Land Acres
0.48 AC
Zoning
I-1 - Light Industrial
Parking
35 Spaces (2.92 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19-00201-0000-00009
Land Assessment
£42,108
Improvements Assessment
£421,944
Total Assessment
£464,052
  • Listing ID: 33117166

  • Date on Market: 09/09/2024

  • Last Updated:

  • Address: 81 Broad St, Phillipsburg, NJ 08865

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