69 Route 156 Trenton, NJ 08620
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 69 Route 156
- Year built
- 1920
- Property type
- Retail properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Trenton
- County
- Mercer
- State
- New Jersey
- Longitude
- -74.6739
- Latitude
- 40.1768
