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250-254 Bellevue Ave 5,358 SF 100% Leased Retail Building Upper Montclair, NJ 07043 $3,768,050 CAD ($703.26 CAD/SF) 5.25% Cap Rate
Investment Highlights
- Heavy daytime and weekend foot traffic
- Long leases
- Parking lot for tenants and customers
Executive Summary
Prime location on same side of street across from the Bellevue Theater. Long term leases. Parking lot in rear plus three municipal lots and street parking.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,358 SF
Building Class
C
Year Built
1959
Price
$3,768,050 CAD
Price Per SF
$703.26 CAD
Cap Rate
5.25%
NOI
$197,823 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.77
Lot Size
0.16 AC
Zoning
Office/Retail - NC
Parking
9 Spaces (1.6 Spaces per 1,000 SF Leased)
Frontage
104’ on Bellevue Ave
Amenities
- Air Conditioning
Walk Score®
Walker's Paradise (90)
Nearby Major Retailers
Property Taxes
| Parcel Number | 13-01711-0000-00036 | Total Assessment | $1,810,585 CAD |
| Land Assessment | $769,256 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,041,329 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
13-01711-0000-00036
Land Assessment
$769,256 CAD
Improvements Assessment
$1,041,329 CAD
Total Assessment
$1,810,585 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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250-254 Bellevue Ave
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