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1193 Route 22

1,020 SF Retail Building Phillipsburg, NJ 08865 $1,300,000 ($1,275/SF)

Investment Highlights

  • High Traffic Count 35k plus per day
  • Signalized entrance
  • At the entrance to the Phillipsburg Mall
  • Zoned HC highway commercial
  • Great retail area

Executive Summary

Amazing opportunity and location for your next business or investment property! This former BBQ restaurant is the perfect location for a national tenant, drive thru restaurant or a retail store. The high visibility site is located on Route 22 directly across the street from old Phillipsburg Mall which was purchased 2-years ago to develop into a massive residential apartment complex and commercial corridor. Minutes from Route 78 and downtown Phillipsburg! The sale includes building and lot! Large, paved parking area accommodates 30 cars! Traffic Count: 35k+ cars per day

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,020 SF
Building Class
C
Year Built
1960
Price
$1,300,000
Price Per SF
$1,275
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.96 AC
Zoning
B-2 - Highway Business Zone
Parking
20 Spaces (19.61 Spaces per 1,000 SF Leased)
Frontage
200 FT on US 22

Amenities

  • Air Conditioning

Nearby Major Retailers

Starbucks
The Coffee Bean & Tea Leaf
Stop & Shop Pharmacy
PNC Bank
TD Bank
Ruby Tuesday
Shoprite Of Greenwich
Curves
Quaker Steak
Aldi

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-00025-0000-00004
Land Assessment
$292,000
Improvements Assessment
$96,900
Total Assessment
$388,900
  • Listing ID: 32770455

  • Date on Market: 5/1/2024

  • Last Updated:

  • Address: 1193 Route 22, Phillipsburg, NJ 08865

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