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$ 499,000
Est. payment /mo
New
253 Water St Belvidere Twp., NJ 07823
4,794 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,794 sqft
Price per Sqft $104
MLS Listing ID 3999812
Annual Tax Amount $10,064
Tax Year 2024
Lot Size 3,920 Sqft
Property Sub-Type Mixed Use
Property Description
Positioned at the only stoplight in town, the iconic Foodmart building commands one of the most visible and high-traffic corners in Belvidere. Set prominently where the main thoroughfare meets the road leading directly to the toll-free bridge into Pennsylvania and offering quick access to Route 46, this property stands as a landmark presence with exceptional exposure and strategic convenience. This substantial mixed-use building spans three levels, offering an exciting combination of existing income and untapped potential. The first floor is fully leased, providing immediate, consistent monthly revenue from a long-established commercial tenant. Above, the second and third floors offer expansive square footage that has remained unused for decades an extraordinary canvas ready for transformation. With thoughtful renovation once approved by the zoning department, these upper levels could be reimagined into residential units, professional offices, creative studio spaces, or other high-demand uses suited to this prime location. A rare opportunity for investors, developers, or owner-users, this property blends historic character, unbeatable visibility, and significant value-add potential. Whether revitalized for modern mixed-use living, boutique commercial spaces, or a combination of both, the Foodmart Building is poised to become a centerpiece of Belvidere's continued growth. Schedule your tour of this incredible building today!
Location
State NJ
County Warren
Zoning B
Rooms
Basement Full
Interior
Heating Gas-Natural
Cooling 1 Unit
Flooring Vinyl-Linoleum, Wood
Equipment Fixtures, Kitchen Area, Refrigeration Unit, Restrooms - Private, Sign - Building
Heat Source Gas-Natural
Exterior
Exterior Feature Metal
Utilities Available Electric
Roof Type Asphalt Shingle
Building
Lot Description Corner
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by FREEBY LAI REAL ESTATE