Trenton, NJ 08608,27-29 S WARREN ST
Trenton, NJ 08608,27-29 S WARREN ST
Trenton, NJ 08608,27-29 S WARREN ST
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Listed by Joseph Lilleywhite • BHHS Fox & Roach - Princeton
$250,000
Est. payment /mo
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2,927 Sqft Lot
New

27-29 S WARREN ST Trenton, NJ 08608

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Denise Petti, CREN, CBDA

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Traditions At Hamilt

MLS Listing ID NJME2065780

Year Built 1950

Annual Tax Amount $10,223

Tax Year 2018

Lot Size 2,927 Sqft

Acres 0.07

Property Sub-Type Other

Source BRIGHT

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

Location

State NJ

County Mercer

Area Trenton City (21111)

Zoning BA

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Other

Flooring Vinyl

Heat Source Natural Gas

Exterior

Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available

Water Access N

Roof Type Flat,Rubber

Accessibility Other

Road Frontage Boro/Township

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Trenton Public Schools

Others

Tax ID 11-00101-00001

Ownership Fee Simple

Special Listing Condition Standard


Bright MLS (BMLS)

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Denise Petti, CREN, CBDA

Denise Petti, CREN, CBDA

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+1(609) 760-4334

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27-29 S WARREN ST