12 Pierce Avenue Trenton, NJ 08629
Two-level industrial/flex building features warehouse space, offices, two bathrooms, and a second-floor boxing gym on included lots.
Property Features for 12 Pierce Avenue
General Information
- Standard status
- Active
- Size
- 6,924 SF
- Lot size
- 0.28 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1950
Listing office NJ ELITE GROUP LLC (732) 523-0757
Listing date Jul 10, 2026
Source Corcoran
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Investment Insights
Based on property information with market context.
The offering includes additional land via Lots 6-8 Pierce Avenue and Lot 12 Pierce Avenue, giving buyers added flexibility for parking, staging, outdoor storage, expansion, or future redevelopment, subject to applicable zoning and municipal approvals. The property is set on a double lot with approximately 60 feet of frontage and potential rear street frontage of approximately 90 feet.
For an owner-user, investor, or developer, the combination of practical warehouse access, existing office support, and the distinct second-floor gym space provides multiple ways to reposition or operate the asset within its existing configuration.
Key Highlights
- Two‑level industrial/flex building with approximately 6,924+/- SF total building area
- Includes warehouse/contractor‑style first floor, office space, and two bathrooms
- Second floor features an impressive boxing gym
Local Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $97.2k | $14.04 |
| − Vacancy | −$7.0k | −$1.01 |
| EGI | $90.2k | $13.03 |
| − OpEx | −$31.6k | −$4.56 |
| NOI | $58.6k | $8.47 |
