$515,000

124 W STATE ST, Trenton, NJ 08608

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1875
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 20 days ago

Property Description

Meticulously renovated in 2019, this prime location has served as a showplace headquarters to Greater Trenton Inc, Choose NJ, as well as other professional organizations, directly across from the NJ Statehouse. This fully leased office property features a first floor conference room that seats up to 18 people and is available for shared usage by tenants. Attention buyers that want to occupy: you can occupy 1048 SF or more by January 1, 2026 (maybe sooner) while you retain rental income from existing tenants. Attention investors: a compelling 11.5% cap rate isa compelling opportunity for you to receive a profitable return. 6 parking spots in rear. 2 bathrooms on each floor (6 total) and kitchenettes on first and third floor. Recent upgrades include new fire escape, new HVAC with separate zones, new flooring, roofing updates, LED recessed lighting, facade upgrades, surveillance/security enhancements, painting and more.

Listing Status:
Active
Listing Office:
Pott Real Estate, LLC : 6097939639
Listing Agent:
Roland S. Pott : 6097939639
MLS ID:
NJME2061428
  • Flooring: CarpetLuxury vinyl plankLuxury vinyl tile
  • A/C: Central A/CDuctless/Mini-Split
  • Heating: 90% Forced AirZonedWall UnitElectricNatural Gas
  • Disability Feature: None

This listing courtesy of Roland S. Pott, Pott Real Estate, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cadwalader Elementary School

, Trenton, NJ, 08618

Grades PK-3

0.45 miles away

A

Arthur J. Holland Middle School

, Trenton, NJ, 08618

Grades 7-8

0.31 miles away

T

Trenton's Ninth Grade Academy

500 Perry St, Trenton, NJ, 08618

Grades 9-9

0.65 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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