An exciting opportunity for investors and owner-occupants alike, this 8167-square-foot commercial strip center in Phillipsburg, New Jersey, offers substantial value-add potential in an established residential and commercial area. With a mix of existing businesses and a large vacant space ready for its next use, this property presents an opportunity to enhance the tenant mix, attract new businesses, and unlock additional value.Strategically situated near Interstate 78, the property benefits from convenient highway access and proximity to surrounding industrial businesses that contribute to the area's economic activity. Phillipsburg has experienced positive growth in recent years, creating an appealing backdrop for businesses looking to establish or expand their presence in the community.Located within a busy residential neighborhood, the center benefits from its proximity to the Phillipsburg Board of Education and other important local buildings and amenities that can help generate activity in the surrounding area.The property currently features a diverse mix of tenants, including a laundromat, pizza restaurant, and convenience store, providing an established commercial presence. A substantial vacant space offers significant flexibility for an incoming owner to introduce new tenants, accommodate an owner-operated business, or reposition the center to maximize its potential.

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Property Details of 405 Thomas Street, Unit 4

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Listed by Jonathan Simhayoff of Serhant New Jersey Llc (917-400-2226)

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 Based on information submitted to GSMLS as of October 17, 2026 6:29 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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