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150 Main St

Flemington Boro, NJ 08822
  • $469,900
  • STATUS: Active
  • ON SITE: 65 Days
  • ID#: 3927236
UPDATED: 40 min ago
$469,900
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,290
    SQFT
  • $143
    $/SQFT
Type:
Commercial
Built:
1890
County:

School Ratings & Info

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!

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Daunno Realty Services, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Daunno Realty Services, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-12-07T17:46:19.833.
www.daunnorealty.com/homes/156216419
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150 Main St Flemington Boro, NJ 08822

  • Price: $469,900
  • Status: Active
  • On Site: 65 Days
  • Updated: 40 min ago
  • ID#: 3927236
0
Beds
0
Baths
0
½ Baths
0.26
Acres
3,290
SQFT
$143
$/SQFT
1890
Built
County:
Hunterdon
Area:
Flemington Boro
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!
Exterior Features

Approximate Lot Size .26 Construction Brick/Block Exterior Description Brick/Block Location Business District Lot Description Level Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description Driveway-SharedOff-Street ParkingParking Lot-Exclusive Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description FullStorage Cooling Window A/C(s) Equipment Available AppliancesFire AlarmRestrooms - PrivateSign - BuildingSmoke DetectorStorage Area(s) Floors CarpetingWood Heating 1 Unit Max Ceiling Height 9 Max Door Height 8 Number Of Lavatories 5 Office Sq Ft 1495

Property Features

Expenses Include ElectricityGas/OilInsuranceMaintenance - ExteriorSnow RemovalTaxesTrashWater/Sewer For Sale Or Lease For Sale Free Rent No Fuel Type Gas-Natural Gross Operating Income 75000 Net Operating Income 37724 Primary Property Type OffcApts Property Type Office/Apartments Sale Includes Building & Land Sewer Public Sewer Suite Number 1-5 Tax Amount 14493 Tax Rate Amount 2.900 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 37276 Utilities ElectricGas-Natural Utilities Paid By Landlord Water Water Charge Extra Year Built Description Approximate Zoning DB

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of WEICHERT REALTORS: 908-627-2880.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Daunno Realty Services, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Daunno Realty Services, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-12-07T17:46:19.833.
 
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Daunno Realty Services, LLC
206 Westfield Avenue
Clark NJ, 07066