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Mixed-Use Restaurant and Apartments
For Sale
$450,000

320-322 E State Street, Trenton, NJ 08608

Building with a restaurant plus two rented 1-bedroom apartments with long-time tenants.

Property SizeContact for details
Days on Market527

Property Features for 320-322 E State Street

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1950
Listing Agency: EXP Realty,LLC
Listed By: Vertulie Massenat
Source: Actionplusrealty
Added: Apr 1, 2025 Changed: Sep 8 Last Checked: Sep 8 at 6:11AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty,LLC

Investment Insights

Based on property information with market context.

This mixed-use property includes a restaurant and two rented 1-bedroom apartments within the same building. Both apartment units are occupied by long-time tenants and are currently rented at $1,000 per month each.

The property is located at 320-322 E State Street in Trenton, New Jersey. The combination of income-producing residential units with an operating restaurant can provide a streamlined setup for an owner seeking both uses under one roof.

The building’s current configuration consists of the restaurant space and the two separate apartment units. Any next steps for operation or leasing should be discussed with the listing broker based on the property’s current tenancy and restaurant use.

Key Highlights

  • Year built: 1950
  • Building includes a restaurant plus two rented 1‑bedroom apartments
  • Two 1‑bedroom apartments rented at $1,000 per month each with long‑time tenants

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Butcher Auto Parts Store Real Estate Agency Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,647
Businesses Nearby
Under-served
Demand for This Use

Demographics for 08608, NJ

1,269
Population
645
Households
2
Avg Household Size
41
Median Age
25%
College-Educated
77%
High-School Grad
0.3 sq mi
ZIP Area
4,230
Density / Sq Mi
$48,232
Median Earnings
$1,009
Median Rent

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Building with a restaurant plus two rented 1-bedroom apartments with long-time tenants.
Where is this conventional restaurant located?
The property is located at 320-322 E State Street Trenton, NJ.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Year built: 1950; Building includes a restaurant plus two rented 1‑bedroom apartments; Two 1‑bedroom apartments rented at $1,000 per month each with long‑time tenants
More about this property
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