$245,000

27-29 S WARREN STREET, TRENTON, NJ 08608

Sq.Ft.

1,857

Property Description

This one-story 1,857$ SF retail/restaurant property generates $37,200 in annual rental income with a cap rate of 8.5%--a rare find in today's market. The building is leased to a popular Jamaican restaurant paying $3,100/month, with a renewed lease and interest in staying, ensuring stability and cash flow from day one.

Built in 1950 and well maintained, the property features a brick exterior, flat roof, 200-amp electric, and gas-fired heating with central cooling. Expenses are conservatively estimated, utilities are tenant-paid, and the pro forma reflects realistic, achievable returns

City code may allow a second-floor addition, offering potential for future expansion. Whether you're an investor seeking reliable income or an owner-user looking for a prime location, this property delivers strong fundamentals and long-term upside

Overview

Property Status

Sold

Date Sold

May 31, 2026

Lot Size

2,927 Sq.Ft.

MLS ID

NJME2071274

Property Type

Commercial

Year Built

1950

Features & Amenities

Total Area

1,857 Sq.Ft.

Water Source

Public

Utilities

Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available

Roof

Flat, Rubber

Parking

On Street

Heat Type

Forced Air

Air Conditioning

Other

Sewer

Public Sewer

Disability Features

Other

School District

TRENTON PUBLIC SCHOOLS

Sales Price

$245,000

Real Estate Tax

$11,550/yr

Zoning

HIST

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27-29 S WARREN STREET

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