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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