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Belleville Commercial Property For Sale

94 Bridge St, Belleville, NJ 07109

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For Sale

$1,200,000

Large commercial property with development potential in Belleville, NJ.

Type:Commercial/Industrial

Property size:

5,500 SF

Lot size:

0.29 Acres

Price / SF:

$218/SF

HighLights

Approximately 5500 sqft building on a large 12,500 sqft lot.
Favorable B‑A zoning with development potential.
Prime location near major highways.
Spacious dining hall (approx. 35 x 70 ft) with bar area (23 x 42 ft) including 25 bar stools.
Includes office space and four bathrooms.
Features central HVAC and approximately 11 parking spaces.

We can help!

Listing Contact

AUGUSTO VERISSIMO

For Sale

$1,200,000

Large commercial property with development potential in Belleville, NJ.

Type:Commercial/Industrial

Property size:

5,500 SF

Lot size:

0.29 Acres

Price / SF:

$218/SF

Added:: Feb 18, 2025
Days on Market:: 485
Last Refresh:: May 20 at 2:52 am

Property Features for 94 Bridge St

General Information

Standard status: Active
Size: 5,500 SF
Lot size: 0.29 Acres
Property subtype: Commercial/Industrial

Building Details

Year Built: 1957

We can help!

Listing Contact

AUGUSTO VERISSIMO

Listing agent AUGUSTO VERISSIMO

Listing office WEICHERT REALTORS - HOME CITY

Listing date Feb 18, 2025

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of WEICHERT REALTORS - HOME CITY

HighLights

Approximately 5500 sqft building on a large 12,500 sqft lot.
Favorable B‑A zoning with development potential.
Prime location near major highways.
Spacious dining hall (approx. 35 x 70 ft) with bar area (23 x 42 ft) including 25 bar stools.
Includes office space and four bathrooms.
Features central HVAC and approximately 11 parking spaces.

Overview

Located at 94 Bridge St in Belleville, NJ, this property, the home of Columbus Institute Inc. since 1959, presents a rare opportunity. The property is conveniently located near major highways. The social club spans approximately 5500 square feet. The dining hall measures 35 x 70 feet and includes a spacious bar area of 23 x 42 feet with approximately 25 bar stools. An adjacent kitchen, storage rooms, and utility room measure 15 x 70 feet. The property's lot size is 83 x 152 feet, totaling 12,500 square feet, and is zoned B-A, offering potential for development. The property includes office space, four bathrooms, central HVAC, and approximately 11 parking spaces. The dining hall and bar area can be utilized in many different ways.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$118.8k	$21.60
− Vacancy	−$6.7k	−$1.21
EGI	$112.1k	$20.39
− OpEx	−$28.0k	−$5.10
NOI	$84.1k	$15.29

5,500 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$1.20M

$1.05M – $1.40M (±1% cap)

NOI $84,110 @ 7.0% cap · market cap 7.01%

Second Best

—

no second resolved use

Theoretical Best

Office A

$1.44M

$1.26M – $1.68M (±1% cap)

NOI $100,531 @ 7.0% cap · market cap 8.38%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Knights of Columbus Volunteer Organization Columbus Institute High School

Suggested Use

Location Insight

Map
Local Demand

City: Belleville
County: Essex
State: New Jersey
Longitude: -74.1565
Latitude: 40.7862

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For sale
Wedding venues
NJ
Belleville
07109
94 Bridge St

What type of property is this?

Wedding venue - Large commercial property with development potential in Belleville, NJ.

Where is this wedding venue located?

The property is located at 94 Bridge St Belleville, NJ.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: Approximately 5500 sqft building on a large 12,500 sqft lot.; Favorable B‑A zoning with development potential.; Prime location near major highways.