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    1299 E State St Trenton, NJ 08609

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    For Sale
    $444,900

    Cash-producing gem with multiple business options and move-in condition.

    Property Features for 1299 E State St

    General Information

    Standard status
    Active

    Building Details

    Year built
    9999

    Source: EKR REALTY LLC Agent REGINALD FERGUSON

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Mixed-Use Building for Sale

    This mixed-use building offers numerous business opportunities. The property, appearing to be over 3,000 square feet, is suitable for a night club, social club, restaurant, banquet hall, or rental for parties and other entertaining events. The exterior and interior are in excellent, move-in condition, designed for various entertaining activities. It features a large, wide-open, spacious entertainment section with seating arrangements already in place. Additionally, there is a large patio that can easily accommodate over 100 guests. The structure includes a two-bedroom apartment upstairs that could be attached to the business on the first floor, potentially converted into a commercial kitchen to extend the event center, or used as a two-bedroom apartment for rental income. A large open basement provides ample storage space. Ample street parking is available due to the property's location near businesses, particularly during evening hours. Located steps from city transportation stops and close to major highways, this property is positioned for a strong return on investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Meme all men ... Banquet Hall

    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.

    Similar Places Nearby

    Elite Food Catering LLC, Carey's Gourmet, Denise's Soul Food on Wheels - Catering & Desserts

    Location Insight

    • Map
    • Local Demand
    City
    Trenton
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.7370811
    Latitude
    40.2282231

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    FAQs

    What type of property is this?
    Restaurant - Cash-producing gem with multiple business options and move-in condition.
    Where is this restaurant located?
    The property is located at 1299 E State St Trenton, NJ.
    What is the asking price?
    The asking price for this property is $444,900.
    What are key features of this property?
    This property features: - High-potential cash-producing property suitable for various businesses.; - Large, open entertainment section with existing seating arrangements and a huge patio that can accommodate 100+ guests.; - Move-in ready condition, both interior and exterior.
    Request Owner's contact information
    1299 E State St Trenton, NJ 08609
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    Trenton, NJ 08609
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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
    1299 E State St Trenton, NJ 08609
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