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Endless Opportunity with Income-Producing Mixed Use Building! This versatile property offers multiple possibilities for its next owner, being sold vacant. The newly renovated 4-bedroom, 2-bath apartment upstairs provides a steady rental income, while the commercial space on the ground level opens the door to endless business opportunities. Originally operating as a deli, the space can easily be transformed into a convenience store, restaurant,or laundromat. Perfectly situated across from Town Hall, the property offers excellent visibility and convenience. Ample storage is available throughout, including a basement, backroom, and even underground exterior storage. Each unit has separate heating systems, with two furnaces/AC units dedicated to the commercial space and a boiler for the apartment. Additional upgrades include a brand-new 200-amp service for the commercial unit, updated flooring, and more. This is a fantastic opportunity to run your own business while the rental income from the apartment helps cover expenses!
DAYS ON MARKET | 1 | LAST UPDATED | 9/18/2025 |
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YEAR BUILT | 1900 | COMMUNITY | Phillipsburg |
COUNTY | Warren | STATUS | Active |
PROPERTY TYPE(S) | Commercial |
ADDITIONAL DETAILS | |
AIR | Central Air |
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AIR CONDITIONING | Yes |
AREA | Phillipsburg |
BASEMENT | Full, Yes |
CONSTRUCTION | Brick |
HEAT | Electric, Heat Pump, Natural Gas |
LOT | 3485 sq ft |
LOT DESCRIPTION | Corner Lot |
PARKING | On Street |
SEWER | Public Sewer |
STORIES | 2 |
TAXES | 7408 |
UTILITIES | Natural Gas Available |
WATER | Public |
ZONING | Mixed Use |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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