192 S Broad St Trenton, NJ 08608
Property Features for 192 S Broad St
General Information
- Standard status
- Active
- Lot size
- 0.05 Acres
Building Details
- Year built
- 1950
Source:
Corcoran
Listing Agent: Roland S. Pott
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Turn-Key Restaurant with Apartments Above
This property features a turn-key restaurant, Courthouse Cafe and Catering, with four fully leased apartments above. The sale includes all restaurant equipment. The restaurant has a kitchen behind the counter and an additional kitchen at the rear for prep and catering. The property has been owner-operated by the same family since 2006. The upstairs features two one-bedroom apartments and two studio apartments. The property is fully licensed and inspected. The restaurant has an active catering business, and the current owner is willing to provide training and a customer contact list to the new buyer. A new HVAC system has been installed in the restaurant. There is plenty of storage space in the basement of the restaurant. The property is located adjacent to the Mill Hill Historic district and offers easy access from Routes 1, 29, 129, 206, 195, 31, and 33. It is a 10-minute walk from the Trenton Transit Center. There are 138 new apartments being constructed on the next block. The NJEDA Main Street Acquisition grant can provide $50,000 toward closing costs for an owner occupant, and the City of Trenton UEZ program can provide a $40,000 loan that is forgivable if the owner stays operational for 5 years. This presents an opportunity for an owner-operator to run a profitable business and save on housing by living above the restaurant.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Courthouse Cafe & Catering
Breakfast Restaurant
Similar Places Nearby
Elite Food Catering LLC, Carey's Gourmet, Casino Classic Catering, Denise's Soul Food on Wheels - Catering & Desserts
Location Insight
- Map
- Local Demand
- City
- Trenton
- County
- Mercer
- State
- New Jersey
- Longitude
- -74.7628737
- Latitude
- 40.2167436
Nearby Similar for Sale
FAQs
What type of property is this?
Restaurant - Profitable restaurant with four apartments in Trenton, NJ.
Where is this restaurant located?
The property is located at 192 S Broad St Trenton, NJ.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: - Turn-key Courthouse Cafe and Catering with all equipment included and 4 fully leased apartments providing immediate income.; - Significant financial incentives available: $50,000 NJEDA grant and a potential $40,000 forgivable loan from the City of Trenton UEZ program.; - Established and profitable restaurant business with active catering, training provided, and customer list included.