150 S MAIN ST
Description
At edge of NJ find the gateway to the Lehigh Valley, here on the Main street of this charming river town. Situated in the heart of historic downtown Phillipsburg, near the popular train rides with city parking out back. Classic charming fully-equipped restaurant, with 2 income-producing apartments above. Great location, location, location for eatery, with 4 years to go on the lease. This mixed-use property offers excellent potential; two renovated apartments above are ready to go! Restaurant kitchen boasts a 15' hood with Ansul wet-system for fire suppression. 6-burner gas stove, walk-in freezer. Near many more cute shops and eateries. Restaurant could rent for $2500/month (now vacant, for sale). At this price, buyer is in charge of finishing c/o work (approx $8-10,k code work). Property has an Interconnected fire alarm - needs a house panel to fully comply to code. Two apartments above should command at least $1500 each. $60,k gross annual rent potential. Nice property with an upside
$425,000
| N/A BEDS |
0.050 ACRES |
| N/A BATHS |
N/A 1/2 BATHS |
| Type: | Commercial |
| Built: | 1939 |
| County: | Warren |
| Area: | Phillipsburg Town |
| Listing Office: | FREE BRIDGE REALTY, LLC |
Want More Info?
Exterior Features
| Approximate Lot Size | 0.050 |
| Exterior Description | |
| Garage Description | |
| Parking Driveway Description | |
| Style |
Interior Features
| Appliances | |
| Basement | |
| Cooling | Wall A/C Unit(s), Window A/C(s) |
| Heating | Electric, Gas-Natural |
| Dining Area(s) | |
| Fireplace | |
| Number of Rooms |
Property Features
| Sewer | Public Sewer |
| Sub Property Type | Electric, Gas-Natural |
| Taxes | $10,958.00 |
| Municipal Tax ID | |
| Utilities | Electric, Gas-Natural |
| Water | Public Water |
| Year Built Description | Standing |
The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C and the Greater Lehigh Valley Realtors® Multiple Listing Service. Real estate listings held by other brokerage firms are marked as IDX Listing.
This information is being provided 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.
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 listed for sale by another broker. Any such consent must be obtained in writing from the listing broker.
Information deemed reliable but not guaranteed.
Copyright © 2025 — Garden State Multiple Listing Service, L.L.C.
and Greater Lehigh Valley Realtors® — All rights reserved.