150 Main St
Flemington, NJ 08822
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!
Interior Details
- FloorsCarpeting, Wood
Heating & Cooling
- Heating SourceGas-Natural
- Heating1 Unit
Property Details
- Exterior MaterialsBrick/Block
Parking
- Parking Spaces13
Construction Details
- Basement DescriptionFull, Storage
- Property TypePurchase
- BasementYes
Condition
- Year Built1890
Material information
- RoofAsphalt Shingle
Utilities / Energy Details
- Utility FeaturesElectric, Gas-Natural
- WaterWater Charge Extra
- ServicesGarbage Included
- Sewer InformationPublic Sewer
Other
- OwnershipFee Simple
Source
- MLS #3927236
Location
Legal
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Last Updated: . Source: GSMLS
Listing Courtesy
Listing Agent: BENJAMIN JAMPEL (#304342), Phone: (908) 627-2880
Listing Office: WEICHERT REALTORS (#000624)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.