SQUARE FEET7,191
MLS#3999812
STATUS
PROPERTY TYPECommercial - Office
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!
Property Features
Property Type: Commercial - Office
Basement: Yes
Basement: Full
Cooling: 1 Unit
Fuel Type: Gas-Natural
Heating: 1 Unit
Lot Size: 0.09 Acres
Roof Type: Asphalt Shingle
Stories: 3.0
Taxes: $10,064
Feature Descriptions
Days on Site: 91
Equipment Available: Fixtures, Kitchen Area, Refrigeration Unit, Restrooms - Private, Sign - Building
Exterior: Metal
Flooring: Vinyl-Linoleum, Wood
Lease Info: 5 Or More Years
Location: Corner, Freestanding
Lot: Corner
Lot Dimensions: 0.09 acre(s)
Max Door height: 8
Parking: On-Street Parking
Sewer: Public Sewer
Tenant Pays: Electric, Heat, Sewer, Snow Removal, Trash Removal, Water
Units: 2
Utilities: Electric
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: FREEBY LAI REAL ESTATE
Agency Contact: 888-558-3898
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
253 Water St | MLS# 3999812
This commercial property located at 253 Water St, Belvidere, NJ 07823 is currently listed for sale with an asking price of $450,000. Search Belvidere real estate on www.realtymarkllc.com today.