Strip Center with Vacant Retail
New
For Sale
$1,200,000
405 Thomas St, Phillipsburg, NJ 08865
Existing laundromat, pizza restaurant, and convenience store tenants share the center with an unoccupied commercial space.
Property Size9,843 SF
Price / SF$121.91
Days on Market3
Property Features for 405 Thomas St
General Information
Standard status
Active
Size
9,843 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$17,475
Amenities
Central air
4+ Units Cooling
4+ Units Heating
Parking Lot-Exclusive
Building Details
Year Built
1948
Tenancy
Multi
Listing Agency:
SERHANT NEW JERSEY LLC
(973) 315-5959
Listed By:
JONATHAN SIMHAYOFF
Source:
Corcoran
Added: Oct 13
Changed: Oct 15
Last Checked: Oct 15 at 2:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SERHANT NEW JERSEY LLC
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Investment Insights
Based on property information with market context.
This Phillipsburg strip center contains a laundromat, a pizza restaurant, and a convenience store, alongside a vacant commercial space. Built in 1948, the property offers a mix of occupied and unoccupied space for continued retail use.
The center is in a residential neighborhood near Interstate 78 and the Phillipsburg Board of Education. Surrounding industrial businesses are also part of the local setting.
The center is in a residential neighborhood near Interstate 78 and the Phillipsburg Board of Education. Surrounding industrial businesses are also part of the local setting.
Key Highlights
- Tenant mix includes a laundromat, pizza restaurant, and convenience store
- Vacant commercial space within the center
- Built in 1948
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
345
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
BP
Shops & Services
3,929 visits/mo
0.5 miles
Demographics for 08865, NJ
30,537
Population
14,146
Households
2.2
Avg Household Size
42
Median Age
29%
College-Educated
93%
High-School Grad
41.5 sq mi
ZIP Area
736
Density / Sq Mi
$78,519
Median Household Income
$49,811
Median Earnings
$1,248
Median Rent
$244,200
Median Home Value
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Strip mall - Existing laundromat, pizza restaurant, and convenience store tenants share the center with an unoccupied commercial space.
Where is this strip mall located?
The property is located at 405 Thomas St Phillipsburg, NJ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Tenant mix includes a laundromat, pizza restaurant, and convenience store; Vacant commercial space within the center; Built in 1948
