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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