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525-551 Us Highway 46
Belvidere, NJ 07823

Belvidere Shopping Center · Retail Property For Sale

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
$93
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 FT on US Highway 46

PROPERTY TAXES

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

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