27-29 S Warren Street, Trenton NJ 08608 (Off Market)

For Sale, USD 250,000


27-29 S Warren Street, Trenton NJ 08608,

Property Type : Commercial

Property Style : N/A

Build Size : 1,857 ft² / 173 m²

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

Opportunity knocks in the heart of downtown Trenton. This one-story 1,857$ SF retail/restaurant property generates $37,200 in annual rental income with a cap rate of 8.5% - a rare find in today's market. The building is leased to a popular Jamaican restaurant paying $3,100/month, with a renewed lease and interest in staying, ensuring stability and cash flow from day one. Built in 1950 and well maintained, the property features a brick exterior, flat roof, 200-amp electric, and gas-fired heating with central cooling. Expenses are conservatively estimated, utilities are tenant-paid, and the pro forma reflects realistic, achievable returns City code may allow a second-floor addition, offering potential for future expansion. Whether you're an investor seeking reliable income or an owner-user looking for a prime location, this property delivers strong fundamentals and long-term upside
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27-29 S Warren Street, Trenton NJ 08608, United States,New Jersey,Trenton is a 1,857ft² Trenton luxury Commercial listed for sale USD 250,000. This high end Trenton Commercial is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Trenton or search for luxury properties for sale in Trenton.