Controlling the photon emission property of a single molecule is an important goal for nano-optics. We propose here a new mechanism for a single-molecule optical switch that utilizes the in situ electric field (EF) in biased metallic nanojunctions to control photon emission of molecules with through-space charge transfer (TSCT) excited states. The EF-induced Stark effect is capable of flipping the order of the bright noncharge transfer state and dark TSCT state, resulting in the anticipated switching behavior. The proposed mechanism was theoretically verified by scanning tunneling microscope-induced electroluminescence from a naphtalenediimide cyclophane molecule under experimentally accessible conditions. Simulations show that the proposed switching effect can be obtained by changing either bias polarity, which alters the polarization of the field, or tip-height, which affects the magnitude of the field. Our finding indicates that the in situ EF could play an important role in the design of optoelectronic molecular devices.