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525-551 Us Highway 46
Belvidere, NJ 07823

Belvidere Shopping Center · Retail Property For Sale

Retail Space New Jersey Belvidere 525-551 Us Highway 46, Belvidere, NJ 07823

EXECUTIVE SUMMARY

This is a value add opportunity for any investor.
We have over an existing $250,000 rent roll with our 36,000sf former A&P box vacant in addition to small shop space.
This center has a strong upside potential for any grocer of potentially an Industrial re-development.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
70,000 SF
Building Class
B
Year Built/Renovated
1970/1991
Price
$6,500,000
Price Per SF
$92.86
Percent Leased
40%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
11.52 AC
Parking
380 Spaces (5.42 Spaces per 1,000 SF Leased)
Frontage
1,186’ on US Highway 46

PROPERTY TAXES

Parcel Number 23-00053-0000-00001 Improvements Assessment $1,078,600
Land Assessment $2,271,400 Total Assessment $3,350,000

PROPERTY TAXES

Parcel Number
23-00053-0000-00001
Land Assessment
$2,271,400
Improvements Assessment
$1,078,600
Total Assessment
$3,350,000
 

  • Listing ID: 12990188

  • Date on Market: 6/13/2018

  • Last Updated:

  • Address: 525-551 Us Highway 46, Belvidere, NJ 07823

More public record information on 525-551 Us Highway 46, Belvidere, NJ 07823

The Retail Property at 525-551 Us Highway 46, Belvidere, NJ 07823 is currently available for sale. Contact Ripco Real Estate for more information.

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