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$2,195,000 -$605,000 (-21.61%) Price Reduced

  • For Sale
  • Active
  • Retail
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Great Investment & Opportunity to own approximately 20,000 square foot all Brick Building on 1.51 Acres that is mixed use with Offices and a Restaurant. Comes with a Liquor License being used by the Restaurant (Norte175). Restaurant Has Security & Sprinkler System. This once Silk Mill was built in 1885 sits on Washington Forge Pond with a Dam/Waterfall running along the side of the building with serene sounds and setting. Office Spaces from 250 sq ft to 4500 sq ft. Existing Tenants include Architects, Photography Studio, Art Studio, Engineering Group, Training Group, Psychologist, and a Religious Group. Features 14 Foot Ceilings, 15" to 25" Column Spacing and charming Brick Walls. With a Use Variance Approval - 2nd Level Can be approved for Residential (Condos & Rentals). There is an possible Easement in discussion for the Decommissioned Water Tower Licensed for Cellular Antennas. Close to Rt 80, Rt. 46 & Rt. 15. Close to Dover & Mt. Arlington Train Stations and NYC Buses. There are 40 Surface Parking Spaces. Unique Opportunity Awaits!

Full Property Details for 175 N Main St

General

  • Price: $2,195,000
  • Taxes: $66,000 (2024)
  • Status: Active
  • Type: Retail
  • Source: Garden_State
  • MLS ID: 4017047
  • Updated: 8/3/2026
  • Added to Site: 133 day(s) ago

Business

  • Includes: Building & Land, Building Only, Operating Licenses

Rental Information

  • Lease/Rent Term: Mixed
  • Lease Includes: Building Insurance, Building Maintenance, Cooling, Gas, Heat, See Remarks, Sewer, Taxes, Trash Removal, Water
  • Lease Terms: 1 Year Minimum, Negotiable

Interior

  • Flooring: Carpeting, Concrete, Tile, Wood

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Restrooms: 4

Additional Information

  • Equipment: Appliances, Exhaust System, Fixtures, Kitchen Area, Restrooms - Public, See Remarks, Sign - Building, Storage Area(s)

Exterior

  • Color: Brick

Parking

  • Garage Spaces: 40
  • Parking: Blacktop, Lighting, Parking Lot-Exclusive

Location

  • County: Morris
  • Subdivision: Washington Pond Silk Mill
  • Driving Directions: GPS 175 North Main Street, Wharton, NJ
  • Location Details: Business District, Corner, Freestanding

Heating & Cooling

  • Cooling Type: 4+ Units, Built-In, Central Air Conditioning, Ductless Split AC, Elec Air Filter, Multi-Zone Cooling
  • Heating Type: 4+ Units, Auxiliary Electric Heat, Forced Hot Air, Multi-Zone
  • Heating Fuel: Electric, Natural Gas

Utilities

  • Sewer: Public Sewer, See Remarks
  • Water: Public Water, See Remarks
  • Utility Description: Electric, Natural Gas, Cable TV Available, Fiber Optic Available, Garbage Extra Charge

Structural Information

  • Construction: Brick/Block
  • Exterior Const.: Brick/Block
  • Basement: Yes
  • Basement Desc.: Crawl Space, Partial, Unfinished
  • Roof: Asphalt Shingles
  • Ceiling Height: 14
  • # Loading Docks: 1
  • Loading: Truck Docks
  • Stories in Building: 2
  • Square Feet: 20,000
  • Aprox. Leasable: 20,000 Sq. Ft.
  • Previous Bldg. Use: Silk Mill
  • Year Built: 1885
  • Remodeled/Updated: 2011

Lot Features

  • Lot Size (Acres): 1.51
  • Lot Size: 1.51 AC
  • Permitted Use: Commercial Business District-Office, Retail, Bus
  • Zoning: CBD
  • Lot Description: Lake/Water View, Level Lot, Open Lot

Financial Considerations

  • Expenses: Electricity, Insurance, See Remarks, Snow Removal, Taxes, Water/Sewer
  • Assessment Amount: $2,500,000
  • Land Assmt: $634,200
  • Tax Amount: $66,000
  • Tax Year: 2024
  • Owner Pays: Electric, Gas, Heat, Maintenance-Lawn, See Remarks, Sewer, Snow Removal, Water
  • Tenant Pays: See Remarks
  • Pays Utilities: Landlord

Disclosures and Reports

  • Ownership: Fee Simple
  • Documents Avail.: Income & Expenses, Leases, Site Plan, Survey Available
  • APN: 2339-00703-0000-00030-0000-
  • Block: 703
  • Lot Number: 30

Listed by KL SOTHEBY'S INT'L. REALTY

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Listing agent

— 175 N Main St —

  • KL SOTHEBY'S INT'L. REALTY

908-334-1151

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 175 N Main St

School Districts:Wharton Borough School District, Morris Hills Regional School District
NameGradesDistance
Marie V. Duffy Elementary School
137 East Central Avenue, Wharton, NJ 07885
PK-50.6 mi
A C Mac Kinnon Middle School
137 East Central Avenue, Wharton, NJ 07885
6-80.6 mi
Morris Hills High School
520 West Main Street, Rockaway, NJ 07866
9-122.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 175 N Main St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/03/2026
Price Reduced
$2,195,000
-21.61%
MLS
3/25/2026
Listed
$2,800,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 175 N Main St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$65,098
—
$2,500,000
4%
2024
$65,098
-1%
$2,400,000
9%
2022
$65,736
-2%
$2,200,000
—
2021
$67,122
-2%
$2,200,000
—
2020
$68,398
3%
$2,200,000
—
2018
$66,484
-1%
$2,200,000
—
2017
$67,210
12%
$2,200,000
5%
2016
$59,787
-22%
$2,100,000
-21%
2015
$76,511
13%
$2,672,400
21%
2019
$67,848
-10%
$2,200,000
-18%
2013
$75,335
—
$2,672,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by KL SOTHEBY'S INT'L. REALTY

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175 N Main St, Wharton, NJ 07885 (MLS# 4017047) is a Retail property. 175 N Main St is currently listed for $2,195,000 and was received on March 25, 2026. Want to learn more about 175 N Main St? Do you have questions about finding other Retail real estate for sale in Wharton? You can browse all Wharton real estate or contact a Coldwell Banker agent to request more information.

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