Property profile

69 Route 156 Trenton, NJ 08620

OFF-MARKET
Retail properties & Spaces
Built 1920
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Property summary

AI-generated overview

This unique Trenton, NJ investment property offers a compelling opportunity for savvy investors. The property, located at 69 Route 156, comprises a thriving mixed-use building anchored by a long-standing restaurant operator with over 40 years of experience in the industry. This established business provides a stable and reliable income stream, minimizing vacancy risk. Adding to the investment potential is a duplex featuring two residential units, generating additional rental income. The property's mixed-use nature allows for diversification of income streams, enhancing overall return on investment. While the exact square footage is not currently available, the property sits on a 0-acre lot. The asking price for this exceptional investment opportunity is $899,000. This presents a rare chance to acquire a well-established, income-producing property in a desirable location. The long-term tenant and residential units offer a strong foundation for future growth and profitability. Serious inquiries are encouraged to explore this promising investment prospect further.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1920

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

69 Route 156 Trenton, NJ 08620
Trenton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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