0515

MLS® 4021781

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $15,651
Days Active 92
Lot Size 0.37 Acres
Approx. Age 1880
MLS® Number 4021781

Property Address: 305 W Main St, Boonton Twp, NJ, 07005-1151

Average square foot calculated using Size range provided by listing agent.

Description

Investment or Owner-User Opportunity | 6.7% Cap Rate | Immediate UpsideHighly visible 4, 690 SF commercial building in the heart of Boonton's thriving business district. This meticulously maintained multi-level property offers the flexibility to invest, occupy, or both. The first floor is leased through October 31, 2026, providing immediate income, while approximately 2, 500 SF on the second and third floors is available for owner occupancy or lease, making this an ideal opportunity for both investors and owner-users, to increase NOI and long-term value. Configured as two units with separate entrances, the building features reception areas, private offices, conference rooms, open workspaces, and a kitchenette, making it ideal for medical, professional, legal, financial, wellness, retail, educational, and service businesses. A rare downtown advantage, the property includes 15 private parking spaces. Zoning permits a wide variety of commercial uses with potential mixed-use opportunities, subject to municipal approvals. Recent improvements include a new fire suppression system (2025), updated windows, and an improved driveway. Walk to downtown Boonton's restaurants, shops, and NJ Transit, with easy access to Routes 287, 202, 46, and I-80. Exceptional opportunity for investors, owner-users, and 1031 buyers seeking stable income with leasing and appreciation potential.
MLS® Number4021781
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1880
BasementStorage, Unfinished
DrivewayBlacktop, Off-Street Parking, Parking Lot-Exclusive
Garage Spaces
HeatHeat Source: Gas-Natural, Heating Type: 2 Units, Baseboard - Hotwater
A/C2 Units, Central Air

Extras

Building & Land

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 20, 2026List Date
$1,300,000List Price
-End Date
Not Sold YetSold Price

For Rent

Jul 21, 2026List Date
$5,000List Price
  • Commute

Commute

Starting Address
Destination Address
305 W Main St, Boonton Twp,

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