81 Broad StPhillipsburg, NJ 08865

This 11,500 square foot industrial property, located at 81 Broad St, Phillipsburg, NJ 08865, presents a compelling redevelopment opportunity. Situated on a 0.48-acre lot, this single-story building boasts 2 loading docks, 8 dock-high doors, and a 12-foot ceiling height. The property includes 25 parking spaces and is zoned for light industrial use, allowing for diverse applications. Currently configured as a multi-tenant space, it offers flexibility for a single user or division into multiple units. The building is conveniently located near major highways (Routes 22, 78, 57, and 33), providing excellent access to transportation networks. The property's location within the Phillipsburg Urban Enterprise Zone offers significant business incentives, including tax exemptions and low-interest loans. The asking price is $995,000, translating to $86.52 per square foot. Occupancy is available October 1, 2024. Permitted uses include scientific/research labs, warehouses, wholesale operations, flea markets/antique malls, manufacturing, fabrication, packaging, and product conversion. This fee-simple ownership offers a strong investment potential in a prime location.