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525-551 Us Highway 46
Belvidere, NJ 07823
Belvidere Shopping Center · Retail Property For Sale

Investment Highlights
- Residential redevelopment opportunity.
Executive Summary
This is a value add opportunity for any investor. This center has a strong upside potential for any grocer of potentially an Industrial re-development, approved for 198 units by local government.
Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Building Size
70,000 SF
Building Class
B
Year Built/Renovated
1970/1991
Price
$9,145,500 CAD
Price Per SF
$130.65 CAD
Percent Leased
40%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
11.52 AC
Zoning
commercial - retail
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 | $1,528,592 CAD |
| Land Assessment | $3,219,028 CAD | Total Assessment | $4,747,620 CAD |
Property Taxes
Parcel Number
23-00053-0000-00001
Land Assessment
$3,219,028 CAD
Improvements Assessment
$1,528,592 CAD
Total Assessment
$4,747,620 CAD
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