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1186 Us Highway 22
Phillipsburg, NJ 08865

Former Friendly's · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
3,557 SF
Year Built/Renovated
1935/2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.04 AC
Zoning
HB/I
Parking
60 Spaces (16.87 Spaces per 1,000 SF Leased)
Frontage
73 FT on Us Highway 22

ABOUT 1186 US HIGHWAY 22 , PHILLIPSBURG, NJ 08865

Marcus and Millichap is pleased to present for purchase 1186 US Highway 22 in Phillipsburg, New Jersey. The property was recently vacated by Friendly’s and is now an outstanding redevelopment opportunity. The subject property is approximately 4,000 square feet and sits on a large lot of 2.04 acres. The zoning, HBRM, allows for a wide variety of uses such as restaurant, bank, professional office, medical care and more. Adjacent pad sites to the property include Starbucks, Chick-fil-a, Panera and Taco Bell. There are three major shopping centers less than a mile away with tenants such as Target, Home Depot, Lowes, Marshalls/Homegood’s, Walmart, Shop Rite and more. The property is situated on US Highway 22 which has an average of 30,366 vehicles per day. Less than a mile up the road is major highway I-78 which has an average vehicles per day of 97,291. Phillipsburg is located in Warren County, New Jersey. There are over 88,000 people located within 5-miles of the subject property. The average income in the area exceeds $104,000. The area is seeing tremendous growth with over 3.8 million square feet of industrial development underway adjacent to the subject property.

PROPERTY TAXES

  • Listing ID: 17178450

  • Date on Market: 9/12/2019

  • Last Updated:

  • Address: 1186 Us Highway 22, Phillipsburg, NJ 08865