Homes for sale - 150 Main St, Flemington Boro, NJ 08822

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Caitlin Schlaffer

caitlinschlafferrealtor@gmail.com +1(862) 266-7107

$ 469,900

Est. payment | -/mo

3,290 SqFt

Save

$ 469,900

Est. payment | -/mo

Save

3,290 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,290 sqft

Price per Sqft $142

MLS Listing ID 3927236

Year Built 1890

Annual Tax Amount $14,493

Tax Year 2023

Lot Size 0.260 Acres

Property Description

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!

Location

State NJ

County Hunterdon

Zoning DB

Rooms

Basement Full, Storage

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Flooring Carpeting, Wood

Equipment Appliances, Fire Alarm, Restrooms - Private, Sign - Building, Smoke Detector, Storage Area(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Story 3

Sewer Public Sewer

Water Water Charge Extra

Others

Ownership Fee Simple

Listed by WEICHERT REALTORS

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(862) 266-7107

caitlinschlafferrealtor@gmail.com

540, Sparta, New Jersey, 07871, USA

150 Main St Flemington Boro, NJ 08822