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522 Memorial Pky 1,764 SF Office Building Phillipsburg, NJ 08865 $599,256 CAD ($339.71 CAD/SF)
Investment Highlights
- Prominent highway location with excellent visibility and building signage.
- Reception area, conference rooms, and private offices provide functional workspace.
- Private on-site parking offers convenient access for employees and visitors.
- Flexible two-story layout supports a variety of professional office users.
- Distinct first and second floor office areas allow operational flexibility.
- Separate electric meters and public utilities support efficient building operations.
Executive Summary
Fantastic opportunity to own a versatile commercial building in a prime highway location. Most recently used as an attorney's office, this two-story property offers a flexible layout ideal for a wide range of professional uses. The first floor features a spacious reception area, multiple conference rooms, private offices, and a full bathroom. The main office is highlighted by impressive wall-to-wall built-in wooden bookcases that add both character and functionality. The second floor includes additional private offices, a convenient kitchenette, and its own bathroom, making the space suitable for multi-department operations or shared professional use. The building is serviced by two electric meters, providing utility flexibility, and is heated by oil with natural gas available in the street for a potential upgrade. Additional highlights include ample private parking, excellent highway visibility and signage, and public utilities. The property was previously a residential two-family home, offering potential for conversion or mixed-use with proper municipal approvals. This well-maintained, highly visible property is ready to support your business or investment vision.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
1,764 SF
Building Class
C
Year Built
1920
Price
$599,256 CAD
Price Per SF
$339.71 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
882 SF
Building FAR
0.84
Lot Size
0.05 AC
Zoning
B-2 - General Business
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Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 19-01109-0000-00001 | Improvements Assessment | $108,004 CAD |
| Land Assessment | $123,433 CAD | Total Assessment | $231,437 CAD |
Property Taxes
Parcel Number
19-01109-0000-00001
Land Assessment
$123,433 CAD
Improvements Assessment
$108,004 CAD
Total Assessment
$231,437 CAD
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522 Memorial Pky
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