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Listed by Fareeda Stokes • Harkes Realty and Associates
$ 350,000
Est. payment | /mo
2,613 Sqft Lot
$ 350,000
Est. payment | /mo
2,613 Sqft Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID NJME2084148
Year Built 1950
Annual Tax Amount $6,838
Tax Year 2025
Lot Size 2,613 Sqft
Acres 0.06
Property Sub-Type Retail
Source BRIGHT
Property Description
Discover a prime investment opportunity with this well-located commercial property built in 1950, featuring durable brick construction. This property offers a manageable footprint for investors seeking to maximize their return on investment. The property is strategically positioned to benefit from local traffic and visibility, making it an ideal candidate for various commercial ventures. With on-street parking and a 2 car garage, accessibility is a key advantage, enhancing its appeal. Investors will appreciate the potential for additional rental income from the 2 apartment units and detached garage, given the growing demand for commercial spaces in the area. The property's established structure allows for immediate renovations to suit specific business needs, providing flexibility in maximizing cash flow. The surrounding neighborhood is ripe for development, with increasing foot traffic and a supportive community atmosphere. This property offers a solid foundation for long-term appreciation as the area continues to evolve. Seize this opportunity to add a valuable asset to your portfolio, combining a prime location with the potential for strong financial performance. Don't miss out on the chance to invest in a property that promises both stability and growth in a dynamic market. Roof is approx 3 years olf. Newer furnace. Newer Chimney Liner.
Location
State NJ
County Mercer
Area Trenton City (21111)
Zoning COMMERCIAL
Interior
Hot Water Electric
Heating Radiator
Cooling None
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Trenton Public Schools
Others
Tax ID 11-08502-00001
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
