479 W State St - Specialty FOR SALE


Trenton, NJ 08618
$990,000 USD
201-859-5840
479 W State St, Trenton, NJ for Sale
$990,000 USD
Specialty - FOR SALE
1/3
null | Request Cap Rate

479 W State St
Trenton, NJ 08618


HIGHLIGHTS

  • 2.2 Acres of development opportunity
  • Plans have been made for a 36 unit mid rise building featuring retai and residential
  • Phase One Report has been completed
  • Under contract with Purchaser Can close anytime

OVERVIEW

Unlock the potential of 479 West State Street, Trenton, NJ - an exceptional opportunity for visionary multi-family home developers. Nestled in a prime location, this property boasts 2.2+- acres of land, formerly graced by the iconic Trenton Bicycle Club. Included are plans drafted for a 36-unit mid-rise building featuring an integrated retail space, the canvas is set for a landmark development. It's important to note that while plans have been drafted, they are not submitted or approved and represent a potential concept rather than a set number of units. This leaves room for your vision to shape the project according to your unique approach and scope. Positioned on an approximately 100 x 960 irregular lot, this parcel offers ample space for creative architectural endeavors. While plans have been meticulously drafted, providing a solid foundation for your project, there's room for customization and innovation to make your mark. It's crucial to note the surrounding landscape, including portions potentially affected by X and AE Flood Zones. However, with the right expertise and strategy, these challenges can be effectively navigated, ensuring a resilient and sustainable development. Seize this opportunity to redefine urban living in Trenton, blending modern luxury with historical charm. Don't just envision the future – build it at 479 West State Street.

FOR SALE DETAILS

PRICE

$990,000 USD

PRICE/SF

$99 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

The Trenton Club

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

67

LAND DETAILS

LAND ACRES

2.2 AC

LAND SF

95,832 SF

ZONING

MU

APN/PARCEL ID

11-03002-0000-00004

ASK ABOUT THIS PROPERTY

Ellen QuentzelJordan Baris RealtorsMore Info
201-859-5840

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Ellen QuentzelJordan Baris RealtorsMore Info
201-859-5840

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