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!
234 days
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185
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2
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Zillow last checked:
Listing updated:
Listed by:
Jason Freeby888-558-3898,
Freeby Lai Real Estate
Source: GSMLS,MLS#: 3999812
Facts & features
Interior
Bedrooms & bathrooms
Bathrooms: 2
Heating
1 Unit, Natural Gas
Cooling
1 Unit
Features
Flooring: Vinyl-Linoleum, Wood
Doors: Max Door Height: 8
Basement: Yes,Full
Interior area
Total structure area: 7,191
Total interior livable area: 4,794 sqft
Property
Parking
Parking features: On-Street Parking
Has uncovered spaces: Yes
Features
Stories: 3
Lot
Size: 3,920 Square Feet
Dimensions: 36 x 54 IRR .090AC
Features: Corner Lot, Corner, Freestanding
Details
Parcel number: 3003000050000000100000
Zoning description: B
Other equipment: Refrigeration Unit
Construction
Type & style
Home type: Apartment
Property subtype: Apartment
Attached to another structure: Yes
Materials
Wood, Metal Siding
Roof: Asphalt Shingle
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Garbage Extra Charge
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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