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Generational opportunity in the heart of thriving Boonton. This expansive property features over 150 feet of high visibility frontage on historic Main Street, and is compromised of 5 apartments, 7 storefronts/offices and 2 garages. From it's distinctive "flatiron" shape to the coveted location on the flat stretch of Main and adjacent to the Plane Street public parking lot, this property is a statement investment providing a wonderful balance of stability and upside for either an end user or passive owner. A strong occupancy history, long term professional management, numerous reinvestment possibilities and an exceptional location round out the features of this impressive opportunity.
| DAYS ON MARKET | 1 | LAST UPDATED | 2/2/2025 |
|---|---|---|---|
| YEAR BUILT | 1940 | COMMUNITY | Boonton |
| COUNTY | Morris | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | Boonton |
|---|---|
| BASEMENT | Partially Finished, Walk-Out Access, Yes |
| CONSTRUCTION | Brick, Vinyl Siding, Wood Siding |
| HEAT | Natural Gas |
| LOT | 5663 sq ft |
| LOT DESCRIPTION | Corner Lot |
| SEWER | Public Sewer |
| STORIES | 2 |
| TAXES | 25350 |
| UTILITIES | Natural Gas Available |
| WATER | Public |
| ZONING | B1 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with WILLIAM LAWRENCE AGENCY
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