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27-29 S WARREN STREET
27-29 S WARREN STREET
27-29 S WARREN STREET
27-29 S WARREN STREET
27-29 S WARREN STREET
27-29 S WARREN STREET
27-29 S WARREN STREET
27-29 S WARREN STREET
27-29 S WARREN STREET
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$245,000

27-29 S WARREN STREET

1,857 Sq.Ft. 2,927 Sq.Ft.

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

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Location

27-29 S WARREN STREET, TRENTON, NJ 08608

Status

Sold

Date Sold

May 31, 2026

Property Amenities

Interior
Appliances Gas Water Heater
Flooring Vinyl
Area & Lot
Total area 1,857 Sq.Ft.
Lot Area 2,927 Sq.Ft.
Living area 1,857 Sq.Ft.
MLS® ID NJME2071274
Year Built 1950
School District TRENTON PUBLIC SCHOOLS
Type Commercial
Status Sold
Exterior
Air conditioning Other
Heat type Natural Gas, Forced Air
Water Source Public
Sewer Public Sewer
Parking On Street
Roof Flat, Rubber
Utilities Cable Available, Water Available, Sewer Available, Natural Gas Available, Electricity Available
Finance
Sales Price $245,000
Real Estate Tax $11,550 yearly

Work With Us

As father & son duo, we’ve been living in and working in the Mercer area for a combined 45 years – and we’re passionate about it. Let’s chat about how our expertise can help you.