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1193 Route 22
Phillipsburg, NJ 08865
Retail Property For Sale


Executive Summary
RIPCO Real Estate has been retained on an exclusive basis to arrange for the sale of 1193 US-22 ? Greenwich Twp, NJ (the "Property").
The Property is located along US Highway 22 offering excellent visibility and easy access. It features an existing 1,020 SF building good for retail or office uses, along with ample on-site parking. With strong local demographics and high roadway exposure, this property is ideal for businesses seeking a prominent location. Its prime position make it a standout choice for retailers, professional services, or entrepreneurial ventures.
The site is positioned directly across Highway 22 from the closed Phillipsburg Mall which is being redeveloped into a large-scale industrial project known as The Cubes at Alpha/Phillipsburg with the Kohl's Department Store and limited other retail pads remaining plus over 800,000 square feet of warehouse space being developed in the rear.
The Property is located along US Highway 22 offering excellent visibility and easy access. It features an existing 1,020 SF building good for retail or office uses, along with ample on-site parking. With strong local demographics and high roadway exposure, this property is ideal for businesses seeking a prominent location. Its prime position make it a standout choice for retailers, professional services, or entrepreneurial ventures.
The site is positioned directly across Highway 22 from the closed Phillipsburg Mall which is being redeveloped into a large-scale industrial project known as The Cubes at Alpha/Phillipsburg with the Kohl's Department Store and limited other retail pads remaining plus over 800,000 square feet of warehouse space being developed in the rear.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,020 SF
Building Class
C
Year Built
1960
Price
$850,000
Price Per SF
$833.33
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.92 AC
Zoning
B-2 - Highway Business Zone
Parking
65 Spaces (63.73 Spaces per 1,000 SF Leased)
Frontage
200’ on US 22
Amenities
- Air Conditioning
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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