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1 Fairview Ave 8,500 SF 100% Leased Office Building Phillipsburg, NJ 08865 $850,000 ($100/SF)
INVESTMENT HIGHLIGHTS
- Former school – ideal for institutional or creative repurposing (i.e. professional offices, artist studio, workshops, etc.)
- Large windows, high ceilings, and original details
- Ample street presence and character
EXECUTIVE SUMMARY
For sale for Redevelopment and “As Is”
• Asking $850,000 for “AS IS” sale
• Asking $975,000 for sale as Redevelopment
• Asking $850,000 for “AS IS” sale
• Asking $975,000 for sale as Redevelopment
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
8,500 SF
Building Class
B
Year Built
1923
Price
$850,000
Price Per SF
$100
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,500 SF
Building FAR
0.18
Lot Size
1.08 AC
Zoning
B-1 - Business
Parking
12 Spaces (1.41 Spaces per 1,000 SF Leased)
AMENITIES
- Smoke Detector
1 1
PROPERTY TAXES
| Parcel Number | 19-00702-0000-00007 | Improvements Assessment | $265,900 |
| Land Assessment | $114,100 | Total Assessment | $380,000 |
PROPERTY TAXES
Parcel Number
19-00702-0000-00007
Land Assessment
$114,100
Improvements Assessment
$265,900
Total Assessment
$380,000
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1 Fairview Ave
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