Pending
Under Contract
150 Main St
Flemington Boro NJ, 08822
$469,900
$142.83 per sqft
Pending
Under Contract
3,290 sqft
Commercial
Built in 1890
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!
3927236
MLSⓇ ID
October 2, 2024
Listed
December 17, 2024
Updated
Map
150 Main St
Flemington Boro NJ, 08822
Interior Features
Total Stories
3
Interior Features
Carpet, Wood
Floor Description
Carpet, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Window Unit(s)
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.26 Acres
Lot Features
Level
Roof
Asphalt
Sewer
Public Sewer
Other Property Details
Taxes
$14,493
Tax Frequency
Annually
Days on Market
75
Garage
Yes
Garage Spaces
13
Parking
Shared Driveway, Off Street
Parking Total
13
View
No
County
Hunterdon
Pool
No
Zoning
DB
Listing History
Date | Event | Price |
---|---|---|
12/17/2024 | Pending | — |
Courtesy of WEICHERT REALTORS with BENJAMIN JAMPEL,
Listing Contact: 9087828800
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