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40,000 SF Office Building
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221 W Hanover St, Trenton, NJ 08618

40,000 SF office building with solar panels for sale.

Property Size40,000 SF
Price / SF$75
Days on Market2484

Property Features for 221 W Hanover St

General Information

Standard status Active
Size 40,000 SF
Property subtype Office
Listing Agency: Fennelly Associates, Inc
Listed By: Jerry Fennelly · License #NJ 8131550
Source: Crexi
Added: Oct 18, 2019 Changed: Jul 6 Last Checked: Aug 5 at 12:11PM

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 Fennelly Associates, Inc

Investment Insights

Based on property information with market context.

A 40,000 SF office building is available for sale. The building features solar panels on the roof. The first floor is elevated by a foundation of 30-inch diameter caissons drilled into bedrock.

Key Highlights

  • 40,000 SF Office Building Available
  • Solar Panels on Roof
  • First Floor Elevated by Caissons Drilled into Bedrock

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Gym & Fitness Center Skin Care Clinic Accounting Firm Auto Parts Store Storage Facility

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

2,040
Businesses Nearby

Demographics for 08618, NJ

37,544
Population
15,284
Households
2.5
Avg Household Size
34
Median Age
24%
College-Educated
86%
High-School Grad
5.9 sq mi
ZIP Area
6,363
Density / Sq Mi
$48,179
Median Household Income
$33,040
Median Earnings
$1,117
Median Rent
$211,800
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - 40,000 SF office building with solar panels for sale.
Where is this office building located?
The property is located at 221 W Hanover St Trenton, NJ.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 40,000 SF Office Building Available; Solar Panels on Roof; First Floor Elevated by Caissons Drilled into Bedrock
More about this property
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