Current Use by Public Records
- Thomas Edison State College Academic Center / High School
Property Details for 167 Hanover St
- Lot size
- 0.30 lot acres
- Property type
- Office Spaces
- Property subtype
- Office Units
Description
This exceptional 26,800-square-foot office building in Trenton, New Jersey, presents a unique redevelopment opportunity. Located in the heart of the business district at 167 W Hanover St, this multi-story building boasts a prime location with easy access to Route 29 and sits on a 0.3-acre lot. The property features a renovated interior, completed in 2009 for Thomas Edison College, and includes a wet sprinkler system. The exterior showcases a classic red brick and steel structure. The building offers 12 parking spaces and benefits from solar panels on the roof, significantly reducing energy costs. Currently vacant since January 24, 2023, this Class B building offers a flexible space suitable for creative, executive, or traditional office uses. The asking price is $3,000,000, translating to $111.94 per square foot. This multi-tenant building is situated in Block 3603, Lot 9, and enjoys a prominent position on the banks of the Delaware-Raritan Canal. The property's central location and substantial size make it an ideal investment for developers or businesses seeking a significant presence in Trenton's thriving commercial sector. The building's existing infrastructure and recent renovations provide a solid foundation for a variety of future uses.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Trenton
- County
- Mercer
- State
- New Jersey
- Longitude
- -74.7716
- Latitude
- 40.2227
