543 Marshall StPhillipsburg, NJ 08865

For Sale
$950,000

Turnkey Flex Building, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
93
This 8,100-square-foot flex building in Phillipsburg, NJ, presents a unique turnkey opportunity. Located directly off Route 22, this property boasts high visibility on a major retail corridor, surrounded by national tenants. The building features approximately 4,000 square feet of garage space with five drive-in doors and 4,000 square feet of recently renovated office space, including three separate offices, a kitchen, and two half-bathrooms. A significant feature is a large heated oil tank and fueling station capable of accommodating 53-foot tanker trucks, offering potential advertising revenue. The 2000-built building underwent renovations in 2023, including a complete office space overhaul, a resealed and restriped parking lot, and a new electrical system. The 0.81-acre lot is zoned B-2, allowing for a variety of uses, including retail, service businesses, service stations, offices, churches, and medical/dental clinics. The property's strong location within a 5-mile radius of a population exceeding 114,000 makes it an attractive investment. The asking price is $950,000, with a price per square foot of $117.28. The building is currently 100% occupied.

Highlights

  • 8,100 SF flex building with 4,000 SF of garage space (5 drive-in doors) and 4,000 SF of renovated office space (3 offices, kitchen, 2 half baths, 1 drive-in door).
  • Excellent location on Route 22 in Phillipsburg, NJ, high visibility on main retail corridor near national tenants; local landmark due to large oil tank.
  • Recent renovations include a completely renovated upstairs office, resealed and restriped parking lot, and new building-wide electrical.
  • Features a large heated oil tank and fueling station accommodating 53' tanker trucks; potential for advertising revenue.
  • B-2 zoning allows for retail, service businesses, stations, offices, churches, and medical/dental clinics.
  • Over 114,000 people live within a 5-mile radius.

Property Details for 543 Marshall St

Property type
Other industrial properties, Manufacturing properties
Square Feet
8,100 SF
Year Built/Renovated
2000/2023
Lot Size (sq. ft)
35,284 SF

Location Insight

City
Phillipsburg
County
Warren
State
New Jersey
Latitude
40.696552
Longitude
-75.1781507
543 Marshall St, Phillipsburg, New Jersey

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543 Marshall St
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