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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
DAYS ON MARKET | 14 | LAST UPDATED | 9/24/2025 |
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TRACT | TRADITIONS AT HAMILT | YEAR BUILT | 1950 |
COMMUNITY | Trenton City (21111) | COUNTY | MERCER |
STATUS | Active | PROPERTY TYPE(S) | Commercial |
School District | TRENTON PUBLIC SCHOOLS |
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ADDITIONAL DETAILS | |
AIR | Other |
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AIR CONDITIONING | Yes |
APPLIANCES | Gas Water Heater |
AREA | Trenton City (21111) |
CONSTRUCTION | Block, Brick |
HEAT | Forced Air, Natural Gas |
LOT | 3049 sq ft |
PARKING | On Street |
SEWER | Public Sewer |
SUBDIVISION | TRADITIONS AT HAMILT |
TAXES | 10223 |
UTILITIES | Cable Available, Water Available, Sewer Available, Natural Gas Available, Electricity Available |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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