15 Front St Trenton, NJ 08608

Property Details for 15 Front St

Year built

1950

Property type

Land

Description

This exceptional investment opportunity presents a 16,000 sq ft, five-story commercial building in Trenton, NJ, just two blocks from the Capitol Complex. Built in 1950, the property offers a blend of vacant and rented spaces, generating immediate income and significant growth potential. The building's excellent condition allows for immediate occupancy or customization. Its strategic location provides easy access to major routes (Route 1, I-95, Route 206, Route 33, and Route 29), and proximity to the Capitol Complex and bridges to Pennsylvania enhances its appeal. The existing rental income covers all expenses, making this a low-risk, high-reward investment, ideal for a 1031 exchange or other high-potential investment strategies. The mix of occupied and vacant units allows for increased rental income and property value appreciation. This prime location in Trenton's business district attracts a diverse tenant base, from government contractors to private enterprises. The asking price is $1,700,000. This turnkey investment offers a compelling opportunity for substantial returns. The property's size and location make it an attractive option for various business needs. The building's strong financial performance, coupled with its prime location and versatile space, makes it a highly desirable asset.