405 S Main St, Phillipsburg Town, NJ

About 405 S Main St

Turnkey two-unit mixed-use investment property located in the heart of Phillipsburg, New Jersey one of the state's growing and up-and-coming communities.The first floor features approximately 2,000 square feet of fully finished commercial space, a private bathroom, and basement storage. The space is currently occupied by an established Caribbean grocery store, with the tenant paying $2,200 per month under a lease through June 2027, providing immediate rental income for the new owner.The residential unit above offers two spacious levels of living space and features two bedrooms, a den, a large living room, a separate dining room, and recently updated interiors.This is an excellent opportunity for an investor seeking an income-producing mixed-use property or a future owner-occupant looking to live and operate a business in the same building. Conveniently located near downtown Phillipsburg's shops, restaurants, major roadways, and the Pennsylvania border. Don't miss this unique commercial and residential investment opportunity!

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