192 S Broad St - Apartments FOR SALE


Trenton, NJ 08608
$795,000 USD
609-575-9597
192 S Broad St, Trenton, NJ for Sale
$795,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

192 S Broad St
Trenton, NJ 08608


HIGHLIGHTS

  • HEAVY DAYTIME TRAFFIC
  • DOWNTOWN LOCATION
  • HEAVILY POPULATED
  • 4 APARTMENTS FULLY LEASED
  • WALKING DISTANCE TO THOUSANDS OF STATE AND COUNTY OFFICES AND EMPLOYEES

OVERVIEW

MULTI-FAMILY (4 APTS FULLY RENTED)/ PLUS FULLY OPERATING RESTAURANT WITH SEATING FOR 70 LOCATED IN THE DOWNTOWN AREA OF THE CITY OF TRENTON. THE LONG-ESTABLISHED RESTAURANT HAS BEEN SERVICING THE STATE AND COUNTY OFFICES AND ALL ITS THOUSANDS OF EMPLOYEES FOR DECADES. A GREAT OPPORTUNITY FOR AN EXPERIENCED OPERATOR OR INVESTOR. NEW RESIDENTIAL COMPLEX FOR 130 FAMILIES CURRENTLY UNDER CONSTRUCTION ON THE VERY NEXT BLOCK. MOTIVATED SELLER PLEASE BRING ALL OFFERS !

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$169 USD /SF

# OF UNITS

5

PRICE/UNIT

$159,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

RESTAURANT PLUS FOUR APARTMENTS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,222 SF

ZONING

COMMERCIAL

APN/PARCEL ID

11-09501-0000-00009

ASK ABOUT THIS PROPERTY

Hector OlayaHector Olaya Real Estate BrokerMore Info
609-575-9597

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Hector OlayaHector Olaya Real Estate BrokerMore Info
609-575-9597

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.