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$597,000
3 Days On Site

801 E STATE STREET -803
TRENTON, NJ 08609

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
5,227
SqFt
$114
/SqFt
1950
Built
County:
MERCER
Listing courtesy of Coldwell Banker Residential Brokerage-Princeton Jct
Call Now: (570) 355-1640
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(570) 355-1640
801 E STATE STREET -803801 E STATE STREET -803801 E STATE STREET -803801 E STATE STREET -803
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This commercial property, originally constructed in 1950, is poised for significant transformation with a major renovation. All permits and zoning variances are done. Situated on a strategically located corner lot, this property presents a unique investment opportunity for discerning investors seeking to capitalize on the potential for substantial returns.1. : The property benefits from its corner lot positioning, enhancing visibility and accessibility. This prime location is ideal for attracting foot traffic and maximizing exposure, making it suitable for a variety of commercial uses.2. : With a major rehabilitation planned, investors can leverage the opportunity to modernize the property, aligning it with current market demands. The renovation will not only enhance the aesthetic appeal but also improve functionality, increasing rental income and property value.3. : The anticipated upgrades and renovations are expected to yield significant returns on investment. By revitalizing the property, investors can attract higher-quality tenants and command premium rental rates, thereby enhancing cash flow and overall profitability.4. : The property's design and location allow for versatile usage, accommodating various commercial ventures. This flexibility can attract a diverse tenant base, further mitigating investment risk.5. : The inclusion of a dedicated parking lot enhances the property's appeal, providing convenience for tenants and customers alike. Ample parking is a critical factor in commercial real estate, contributing to tenant satisfaction and retention.6. : The surrounding area is experiencing growth, with increasing demand for commercial spaces. This trend positions the property favorably within the market, suggesting a strong potential for appreciation in value post-renovation.7. : With the completion of the renovation, investors have the opportunity to secure a property that will be modernized to meet contemporary standards, ensuring long-term viability and competitiveness in the market. In summary, this commercial property represents a compelling investment opportunity characterized by its prime corner lot location, planned major renovations, and potential for significant returns. Investors are encouraged to consider the strategic advantages this property offers in a growing market. Floor plan available in the MLS documents tab.

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Listing Snapshot
Price 
$597,000
Days On Site 
3 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,227 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1950
MLS® Number 
NJME2084630
Status 
Active
Property Tax 
$8,452
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
4 days agoListing first seen on site
General Features
Additional Property Use 
Commercial
Number Of Stories 
3
Parking 
Parking Lot
Parking Spaces 
7
Property Condition 
Fixer
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
5227
Water Source 
Public
Zoning 
COMMERCIAL
Interior Features
Cooling 
Multi UnitsDuctless
Electric 
200+ Amp Service
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Exterior Features
Construction Details 
Frame
Lot Features 
Corner Lot
Community Features
MLS Area 
Trenton City (21111)
School District 
TRENTON PUBLIC SCHOOLS
Schools
School District
TRENTON PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
CENTRAL
Listing courtesy of Coldwell Banker Residential Brokerage-Princeton Jct



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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