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Commercial Parcel with Redevelopment Potential
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309 S Main St, Phillipsburg, NJ 08865

Income-producing commercial property with redevelopment and contractor site potential.

Property Size7,000 SF
Lot Size0.63 Acres
Price / SF$92.14
Days on Market699

Property Features for 309 S Main St

General Information

Standard status Active
Size 7,000 SF
Lot size 0.63 Acres
Property subtype Land, Retail

Building Details

Buildings 3
Listing Agency: Paranee Property Management
Listed By: Joe Paranee · License #RB068724
Source: Crexi
Added: Nov 19, 2024 Changed: Oct 10 Last Checked: Oct 16 at 8:05AM

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 Paranee Property Management

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Investment Insights

Based on property information with market context.

This commercial parcel, totaling approximately 0.63 acres, presents opportunities for contractors and redevelopment. The site is currently income-producing and includes approximately 7000 square feet of office, storage, and garage space distributed across three separate buildings. Additional storage is available via a Quonset hut and sheds, along with an outside racking system. The warehouse is equipped with a loading dock. One of the buildings, designated 309 A, is currently leased as office space. The property may offer rail access and is located in close proximity to Interstate 78 and Route 22.

Key Highlights

  • Income‑producing commercial parcel with leased office space.
  • Large .63 +/- acre site suitable for contractors or redevelopment.
  • Substantial storage capacity: 7000 +/- sq ft in 3 buildings, plus Quonset hut, sheds, and outside racking.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Pharmacy Auto Parts Store Building Supply Skin Care Clinic Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

850
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Frequently Asked Questions

What type of property is this?
Commercial land - Income-producing commercial property with redevelopment and contractor site potential.
Where is this commercial land located?
The property is located at 309 S Main St Phillipsburg, NJ.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Income‑producing commercial parcel with leased office space.; Large .63 +/- acre site suitable for contractors or redevelopment.; Substantial storage capacity: 7000 +/- sq ft in 3 buildings, plus Quonset hut, sheds, and outside racking.
More about this property
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