Corner Mixed-Use Retail and
789 Chambers Street Trenton, NJ 08611
789 Chambers Street, Trenton, NJ, 08611
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For Sale
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Mixed-use building on a high-visibility corner with an occupied ground-floor discount store and two income-producing apartments.
Property Size5,568 SF
Price / SF$179.42
Days on Market47
Property Features for 789 Chambers Street
General Information
- Standard status
- Active
- Size
- 5,568 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1950
Listing agency
Legacy Realty Group
(732) 744-0400
Listed by
Maroof Siddiqi
Source
Crexi
Added: Jun 7 Updated: Jul 23 at 2:16AM Checked: Jul 23 at 2:16AM
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 Legacy Realty Group
Investment Insights
Based on property information with market context.
This mixed-use property includes a ground-floor discount store plus two residential rental units, with 100% occupancy reported. The first apartment features 3 bedrooms and 2 full bathrooms, and the second apartment offers 2 bedrooms and 2 full bathrooms. The commercial storefront is described as spacious and includes ample storage space, supporting continued operations for the included business.
Located on a high-visibility corner in the heart of Trenton, the property is positioned near major highways and public transportation, with access to downtown Trenton and surrounding residential neighborhoods.
The sale includes both the real estate and the business, creating a turnkey ownership opportunity centered on an operating retail storefront and two separately maintained residential units.
Located on a high-visibility corner in the heart of Trenton, the property is positioned near major highways and public transportation, with access to downtown Trenton and surrounding residential neighborhoods.
The sale includes both the real estate and the business, creating a turnkey ownership opportunity centered on an operating retail storefront and two separately maintained residential units.
Key Highlights
- Mixed‑use building built in 1950 with 3 occupied units: ground‑floor discount store plus two residential rentals
- Unit 1: 3 bedrooms and 2 full bathrooms (residential rental)
- Unit 2: 2 bedrooms and 2 full bathrooms (residential rental)
Local Financial Insights For Apartment 5plus
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 | $167.0k | $30.00 |
| − Vacancy | −$12.5k | −$2.25 |
| EGI | $154.5k | $27.75 |
| − OpEx | −$69.5k | −$12.49 |
| NOI | $85.0k | $15.26 |
5,568 SF · lease $30.00/SF/yr · vacancy 7.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.21M
$1.06M – $1.42M
NOI $84,982 @ 7.0% cap · market cap 8.51%
Second Best
Retail
$1.19M
$1.04M – $1.39M
NOI $83,264 @ 7.0% cap · market cap 8.33%
Theoretical Best
Warehouse
$1.79M
$1.57M – $2.09M
NOI $125,400 @ 7.0% cap · market cap 12.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
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FAQs
What type of property is this?
Mixed-use property - Mixed-use building on a high-visibility corner with an occupied ground-floor discount store and two income-producing apartments.
Where is this mixed-use property located?
The property is located at 789 Chambers Street Trenton, NJ.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Mixed‑use building built in 1950 with 3 occupied units: ground‑floor discount store plus two residential rentals; Unit 1: 3 bedrooms and 2 full bathrooms (residential rental); Unit 2: 2 bedrooms and 2 full bathrooms (residential rental)
