56 Fox St Phillipsburg, NJ 08865
For Sale
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This exceptional 1,250-square-foot automotive repair shop, located at 56 FOX ST Unit 1, Phillipsburg, NJ, presents a fantastic opportunity for an entrepreneur. Situated on a 0.07-acre lot, the property boasts a sturdy concrete block construction, ideal for the demands of a busy automotive business. The shop is equipped with one Bend Pak lift, ensuring efficient vehicle servicing. Electrical upgrades were completed around 2001, providing a reliable power supply. A newer roof and a recently installed overhead door contribute to the overall excellent condition of the building. The property also includes a small office space for administrative tasks and a power room for essential utilities. Ample parking is available, with space for approximately six to eight vehicles. The property is being sold "as-is," with the seller providing a clear Certificate of Habitability from the town of Phillipsburg. This turnkey operation is ready for immediate occupancy and presents a rare opportunity to acquire an established business location in a desirable area. Square footage is approximate. Don't miss this chance to own a well-maintained and functional automotive repair shop.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-4 · Phillipsburg, NJPhillipsburg. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.