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    Commercial Building with Redevelopment Potential Title is generated by Realmo AI

    831 PARKWAY AVENUE, Trenton, NJ 08618

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    For Sale
    $790,000

    Multi-unit commercial building with redevelopment potential in Trenton, NJ.

    Type:Commercial/Industrial
    Lot size:
    1.44 Acres
    Added:
    Jun 27, 2022
    Days on Market:
    1430
    Last Refresh:
    May 19 at 11:30 pm

    Property Features for 831 PARKWAY AVENUE

    General Information

    Standard status
    Active
    Lot size
    1.44 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1940

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    Listing Contact
    Kevin P Zimmer

    Listing agent Kevin P Zimmer

    Listing office ERA Central Realty Group - Bordentown

    Listing date Jun 27, 2022

    Source Exitrealty

    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 ERA Central Realty Group - Bordentown

    HighLights

    • Large 62,825± sq ft lot with redevelopment potential.
    • Multi‑Unit Commercial Building with potential for 5‑6 units.
    • High visibility corner lot with frontage on Parkway and Lexington Avenues.
    • Utilities available to the site.
    • Existing paved parking for approximately 6 cars.
    • Concrete block structure with separate heating and electrical systems.

    Overview

    The property is an irregularly shaped (L shape) site with an estimated area of 62,825 square feet. It features 189.06 feet of frontage along Parkway Avenue and an additional 115 feet along Lexington Avenue. The site is considered an inside lot due to its location on the corner of Parkway and Lexington. A significant amount of surplus acreage is available due to the demolition of a former strip store, presenting redevelopment opportunities. The site is level and at road grade. Available utilities include water, sewer, electric, telephone, and gas. Site improvements include a side paved parking lot accommodating approximately 6 cars, with additional on-street parking available. An access easement provides a driveway from Lexington Avenue to the center of the site. The property includes a one-story, multi-unit commercial building that is divided into five units but can be reconfigured into six. The building is constructed with concrete blocks and a painted block exterior. The roof is a combination of pitched and flat sections, finished with asphalt shingles or tar and metal. Windows are either casement or double-hung style. The structure is supported by a concrete slab foundation. Interior finishes include wood paneling or painted sheetrock, vinyl tile flooring, and suspended acoustic tile or painted sheetrock ceilings with fluorescent lighting. Heating is provided by a gas-fired, forced hot air system, and cooling is provided by wall unit air conditioners. The heating and electrical systems are separated.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ewing Cakes Bakery

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Trenton
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.7903
    Latitude
    40.2526

    FAQs

    What type of property is this?
    Strip mall - Multi-unit commercial building with redevelopment potential in Trenton, NJ.
    Where is this strip mall located?
    The property is located at 831 PARKWAY AVENUE Trenton, NJ.
    What is the asking price?
    The asking price for this property is $790,000.
    What are key features of this property?
    This property features: Large 62,825± sq ft lot with redevelopment potential.; Multi‑Unit Commercial Building with potential for 5‑6 units.; High visibility corner lot with frontage on Parkway and Lexington Avenues.
    More about this property
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