Active

1015 Main St

Boonton Town NJ, 07005

$495,000


$404.08 per sqft

Active

1,225 sqft

Commercial

Built in 1950

Check out this exceptional investment opportunity in Boonton's growing market! 1015 Main St presents a rare opportunity to acquire a well-located commercial property in the heart of downtown Boonton, a rapidly developing market with increasing demand for mixed-use assets. Situated on the town's bustling Main Street, this property benefits from high visibility, strong pedestrian traffic, and close proximity to established businesses, restaurants, and retail destinations. This asset comes with town-approved plans for a strategic mixed-use conversion, allowing for one or two commercial units on the ground floor and four residential apartments on the second and third floors. These approvals provide a significant value-add opportunity for investors seeking to reposition the property for long-term growth and stability. Boonton's continued economic expansion and revitalization efforts make this an ideal time to invest. The property's prime location, coupled with its redevelopment potential, offers both immediate and long-term upside. Whether as a stabilized commercial investment or a repositioned mixed-use asset, 1015 Main St represents a compelling opportunity to capitalize on the strength of a growing market.Highest & Best due Sunday by 8pm.

3944131

MLS ID

February 3, 2025

Listed

February 20, 2025

Updated

Interior Features

Total Stories

1


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Baseboard, Natural Gas

Exterior/Building Features

Lot Size

0.12 Acres


Sewer

Public Sewer

Other Property Details

Taxes

$7,192


Tax Frequency

Annually


Days on Market

15


Garage

No


Parking

On Street


View

No


County

Morris


Water Source

Public


Pool

No


Utilities

Natural Gas Available


Zoning

B-1

Courtesy of KELLER WILLIAMS PROSPERITY REALTY with ALEXANDER W HOUSER,
Listing Contact: 9736960077 

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