611 Mrtn King Jr Trenton, NJ 08618
This exceptional mixed-use property located at 611 Martin Luther King Jr Boulevard in Trenton, New Jersey, presents a unique investment opportunity. The property encompasses a ground-floor storefront, ideal for a variety of retail or commercial ventures, combined with a one-bedroom apartment situated above. This configuration offers immediate income potential from both commercial and residential tenants. A significant advantage is the substantial rear lot, measuring 0.05 acres, which provides ample space for future expansion. Detailed expansion plans are already in place and will be provided to the buyer as part of the sale, facilitating a seamless and potentially lucrative development project. The property is priced competitively at $179,900, representing a strong value proposition for investors seeking a versatile and expandable asset in a growing urban area. The existing structure offers immediate return, while the expansive lot allows for significant future growth and increased profitability. This is a rare opportunity to acquire a property with both immediate income and substantial long-term potential in a desirable Trenton location. Serious inquiries are encouraged to view this property before it is sold.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.