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Prime Downtown Boonton Location 416 Main St 1,367 SF 27% Leased Retail Building Boonton, NJ 07005 $691,083 CAD ($505.55 CAD/SF)



Investment Highlights
- Prime Downtown Boonton Location
- Multiple Value-Add Possibilities
- Ideal for Investors, Developers, Builders, and Owner-Users
Executive Summary
Rare opportunity to acquire a highly visible Main Street property in the heart of downtown Boonton.
Ideal for investors, developers, business owners, and owner-users, this property offers multiple value-add opportunities, including potential residential expansion, possible subdivision, and redevelopment flexibility.
The seller has verified with the town that a second-floor residential unit may be permitted, subject to plans, permits, and municipal approvals. The approximately 0.16-acre lot may also offer subdivision potential, creating additional opportunities for future development.
Located within Boonton's Historic Main Street Revitalization area, the property stands to benefit from planned streetscape and pedestrian improvements designed to enhance the downtown experience and support continued economic growth.
Opportunities combining Main Street visibility, redevelopment potential, residential expansion possibilities, and a prime downtown location are increasingly difficult to find.
Whether your goal is investment, redevelopment, or owner-occupancy, this property presents a unique opportunity in downtown Boonton.
Ideal for investors, developers, business owners, and owner-users, this property offers multiple value-add opportunities, including potential residential expansion, possible subdivision, and redevelopment flexibility.
The seller has verified with the town that a second-floor residential unit may be permitted, subject to plans, permits, and municipal approvals. The approximately 0.16-acre lot may also offer subdivision potential, creating additional opportunities for future development.
Located within Boonton's Historic Main Street Revitalization area, the property stands to benefit from planned streetscape and pedestrian improvements designed to enhance the downtown experience and support continued economic growth.
Opportunities combining Main Street visibility, redevelopment potential, residential expansion possibilities, and a prime downtown location are increasingly difficult to find.
Whether your goal is investment, redevelopment, or owner-occupancy, this property presents a unique opportunity in downtown Boonton.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,367 SF
Building Class
C
Year Built/Renovated
1900/2018
Price
$691,083 CAD
Price Per SF
$505.55 CAD
Percent Leased
27%
Building Height
2 Stories
Building FAR
0.20
Lot Size
0.16 AC
Zoning
B-1 - Mixed Use
Frontage
25’ on Main St
Amenities
- Air Conditioning
Very walkable
80/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-00008-0000-00005 | Improvements Assessment | $71,668 CAD |
| Land Assessment | $157,725 CAD | Total Assessment | $229,393 CAD |
Property Taxes
Parcel Number
01-00008-0000-00005
Land Assessment
$157,725 CAD
Improvements Assessment
$71,668 CAD
Total Assessment
$229,393 CAD
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416 Main LLC
Prime Downtown Boonton Location | 416 Main St
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