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    157 Frazier St Trenton, NJ 08618

    For Sale
    $420,000

    Grocery Store & Apartment Building

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    This exceptional mixed-use property in Trenton, NJ, presents a lucrative investment opportunity. Located at 157 Frazier, the building boasts a thriving grocery store currently operating under a lease with nine years remaining. The retail space encompasses approximately 1900 square feet, complemented by an additional 400 square feet of dedicated storage. Above the commercial space, a substantial 1400 square foot apartment provides significant rental income potential. The property sits on a conveniently sized 0.06-acre lot, offering ample space for the existing structures and potential future development, subject to local zoning regulations. The current lease agreement with the grocery store ensures a stable income stream for the foreseeable future, minimizing vacancy risk and maximizing return on investment. This turnkey operation is ideal for investors seeking a blend of commercial and residential income, offering both immediate cash flow and long-term growth prospects. The property's strong tenant history and prime Trenton location make it a highly desirable asset. Serious inquiries are encouraged to explore this exceptional investment opportunity further. Financial statements and lease details are available upon request. The asking price for this remarkable property is $420,000.

    Property Features for 157 Frazier St

    General Information

    Property type
    Mixed-use properties
    Lot Size
    2,614 SF

    Building Details

    Year Built
    1950
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Trenton
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.77283
    Latitude
    40.23079

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    FAQs

    What type of property is this?
    Mixed-use property - Grocery Store & Apartment Building
    Where is this mixed-use property located?
    The property is located at 157 Frazier St Trenton, NJ.
    What is the asking price?
    The asking price for this property is $420,000.
    (609) 396-3400
    Request Owner's contact information
    157 Frazier St Trenton, NJ 08618
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    Trenton, NJ 08618
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    157 Frazier St Trenton, NJ 08618
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