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Columbia Bank 118 W Main St 1,947 SF Retail Building High Bridge, NJ 08829 $820,093 CAD ($421.21 CAD/SF)
Executive Summary
This existing bank branch is situated on a spacious oversized lot, presenting a unique opportunity for expansion or redevelopment. The generous site area provides ample room for additional construction, making it ideal for future growth. Several options exist for repurposing the property. A few of the possible conversions include office space, retail establishments, or a day care center.
The zoning also permits mixed-use development with owner occupied residential above one or more commercial uses on the first floor. The flexibility further enhances the potential value of the oversized lot.
The zoning also permits mixed-use development with owner occupied residential above one or more commercial uses on the first floor. The flexibility further enhances the potential value of the oversized lot.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,947 SF
Building Class
C
Year Built
1970
Price
$820,093 CAD
Price Per SF
$421.21 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.88 AC
Zoning
MUC - Mixed Use Corridor
Parking
18 Spaces (9.24 Spaces per 1,000 SF Leased)
Frontage
431’ on W. Main St.
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Roselle Bank
- Finance and Insurance
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Roselle Bank | Finance and Insurance | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 14-00024-0000-00020 | Improvements Assessment | $282,433 CAD |
| Land Assessment | $360,901 CAD | Total Assessment | $643,334 CAD |
Property Taxes
Parcel Number
14-00024-0000-00020
Land Assessment
$360,901 CAD
Improvements Assessment
$282,433 CAD
Total Assessment
$643,334 CAD
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Columbia Bank | 118 W Main St
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