Price Reduction
Address
1027 S Clinton Avenue, Trenton, NJ
Price
$ 879,000
Property Attributes
- MLS#NJME2038090
- TypeCommercial
- CountyMERCER
- CityTrenton
- AreaTrenton City
- Zip08611
- StyleStorage,Religious Facility,Professional,Pad Site,F
- Year Built1940
- Taxes$ 28654
- Price$ 879,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage16240
- Lot Size7,405 SqFt
Data Source:
Bright MLS
Property Description
Incredible investment opportunity for a 20k sqft warehouse in Trenton - currently used as flex office space - a gym rented out upstairs and potential for much more. Currently operating at a 14% cap rate 80% occupied. For more information
| Price History | |
|---|---|
| 12/26/2023 | Listed $2,000,000 |
| 1/23/2024 | 5% - $1,900,000 |
| 2/13/2024 | 8% - $1,750,000 |
| 2/23/2024 | 15% - $1,500,000 |
| 2/26/2024 | 12% - $1,333,333 |
| 3/22/2024 | 27% - $975,000 |
| 4/15/2024 | 8% - $899,000 |
| 4/24/2024 | 3% - $879,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Central A/C |
| Possession | 31-60 Days CD |
| Zoning | BUSINESS |
| Construction Materials | Frame |
| Year Built | 1940 |
| Property SubType | Office |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| Cool Fuel | None |
| Business Type | Storage,Religious Facility,Professional,Pad Site,Flex |
| Accessibility | None |
| County | MERCER |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | Google Map |
| ModificationTimestamp | 2024-04-24T12:15:04 |
| City | TRENTON |
| Buyer Agent Compensation | 1 |
| MLS Area | Trenton City (21111) |
| Lot Size Square Feet | 7501.00 |
| Tax Assessed Value | 525000.0 |
| Waterfront Y/N | No |
| Street Name | CLINTON |
| Tax Annual Amount | 28654.0 |
| Price Per Sq Ft | 43.95 |
| Vacation Rental Y/N | No |
| Days on Market | 121 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Natural Gas |
| Heating Y/N | Yes |
| Street Suffix | AVENUE |
| Central Air Y/N | Yes |
Exterior Features
| Water Source | Public |
|---|---|
| Type of Parking | On Street |
| Water View Y/N | No |
| Building Area Total | 20000.00 |
| Lot Size Acres | 0.17 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 08611
Price
Taxes
Visits
Year Built
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