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212 Canal St Trenton, NJ 08609

For Sale
$375,000

High-yield Trenton property, three parcels included.

Property size:
2,026 SF

Description

Added:
Feb 3, 2025
Days on Market:
313
This exceptional investment opportunity encompasses three strategically located Trenton parcels totaling 2,026 square feet. The main property, situated at 212 E Canal Street, presents a unique redevelopment potential. Adjacent to this is 10 High Street, currently utilized as a used car lot providing ample parking. This lot significantly enhances the overall value and utility of the combined properties. Further adding to this compelling investment, 230 S. Clinton Street is a vacant building lot currently generating income from three shipping containers, each leased at $200 per month. The existing structures offer immediate income streams, while the combined land area presents significant potential for future development. A feasibility study suggests the possibility of constructing a 3/4 bedroom semi-detached dwelling on the combined properties, subject to all necessary approvals and permits. This multifaceted investment offers a blend of immediate return and long-term growth potential in a dynamic Trenton location. The property's strategic location and diverse income streams make it an attractive proposition for savvy investors seeking a high-yield, mixed-use opportunity. Detailed financial projections and site plans are available upon request. This is a rare chance to acquire a substantial portfolio in a rapidly developing area. Serious inquiries only.

Property Features for 212 Canal St

General Information

Property type
Other commercial real estate
Square Feet
2,026 SF

Building Details

Year Built
2018

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Todo Autocare llc. Mechanic

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Trenton
County
Mercer
State
New Jersey
Longitude
-74.75571
Latitude
40.21611

FAQs

What type of property is this?
Commercial real estate - High-yield Trenton property, three parcels included.
Where is this commercial real estate located?
The property is located at 212 Canal St Trenton, NJ.
What is the asking price?
The asking price for this property is $375,000.
More about this property
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