Larry Levin, Realtor
MLS#NJME2071274
STATUSACTIVE
PROPERTY TYPECommercial - Business
SUBDIVISIONTRADITIONS AT HAMILT
SCHOOLTRENTON PUBLIC SCHOOLS
Property Description
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
Property Features
Property Type: Commercial - Business
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.07 Acres
Roof Type: Flat, Rubber
Taxes: $11,550
Year Built: 1950
Feature Descriptions
Days on Site: 85
Exterior: Brick, Block
Flooring: Vinyl
Location: Downtown
Lot Dimensions: 0.07 Acre(S)
Municipality: TRENTON CITY
Sewer: Public Sewer
Total Garage/Parking Spaces: 0
Utilities: Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Water: Public
Local Schools
School District: TRENTON PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: EXP Realty, LLC
Agency Phone: 8662016210
Shown By
Agent Name: Larry Levin
Agent Phone: Cell: (267) 808-6565
Agency Title: RealtyMark
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27-29 S Warren Street | MLS# NJME2071274
This commercial property located at 27-29 S Warren Street, Trenton, NJ 08608 is currently listed for sale with an asking price of $250,000. 27-29 S Warren Street is located within the TRENTON PUBLIC SCHOOLS school district. Search Trenton real estate on www.livelovephilly.com today.