SQUARE FEET6,300
MLS#4022931
STATUS
PROPERTY TYPECommercial - Office
Property Description
Rare mixed-use investment opportunity in the heart of Newton?s thriving business district. This fully upgraded 6,300+ sq ft building offers a clear path to value with commercial use on the first floor and residential conversion potential on the second and third floors. With over $1M in capital improvements completed, the heavy lifting is done allowing investors, developers, or owner users to focus on repositioning and income potential. The third floor already includes a full kitchen, full bath, and large flex space, ideal for a one-bedroom unit or owner?s suite. The second floor features an open layout, two bathrooms, utility/storage areas, and a separate rear entrance, supporting potential for multiple residential units. The first floor remains commercial and includes a reception area, secure vestibule with two-door man trap, half bath, and side loading access, well suited for medical, professional office, retail, or restaurant use. Currently outfitted as a secure data center with cooling, fiber/data infrastructure, fire suppression, and advanced security. The basement provides additional storage and utility space. Walkable downtown location with direct access to municipal parking plus shops and restaurants. Close proximity to Starbucks, Chipotle, Five Guys, grocery, and major retailers including Walmart.
Property Features
Property Type: Commercial - Office
Basement: Finished, Full, Storage
Basement: Yes
Cooling: 4+ Units, Central Air
Fuel Type: Electric, Gas-Natural
Heating: 1 Unit
Lot Size: 0.06 Acres
Roof Type: Flat, Rubberized
Stories: 3.0
Taxes: $24,362
Year Built: 1890
Feature Descriptions
Days on Site: 12
Equipment Available: Fire Alarm, Kitchen Area, Restrooms - Private, Smoke Detector, Sprinkler System
Exterior: Brick/Block
Flooring: Carpeting, Vinyl-Linoleum
Location: Business District
Lot Dimensions: 0.06 acre(s)
Max Door height: 8
Parking: Off-Street Parking
Sewer: Public Sewer
Units: 1
Utilities: Electric, Gas-Natural
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: EXP REALTY, LLC
Agency Contact: 201-674-5216
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0400
170 Spring St | MLS# 4022931
This commercial property located at 170 Spring St, Newton, NJ 07860 is currently listed for sale with an asking price of $735,000. Search Newton real estate on www.realtymark.net today.