1193 Route 22
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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
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
PROPERTY TAXES
Parcel Number | 07-00025-0000-00004 | Improvements Assessment | $96,900 |
Land Assessment | $292,000 | Total Assessment | $388,900 |
PROPERTY TAXES
Parcel Number
07-00025-0000-00004
Land Assessment
$292,000
Improvements Assessment
$96,900
Total Assessment
$388,900
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1193 Route 22
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