124 West State Street Trenton, NJ 08608

$515,000
0.10
Acres
$515,000
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new 12 hrs ago
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Meticulously renovated in 2019, this prime location has served as a showplace headquarters to Greater Trenton Inc, Choose NJ, as well as other professional organizations, directly across from the NJ Statehouse. This fully leased office property features a first floor conference room that seats up to 18 people and is available for shared usage by tenants. Attention buyers that want to occupy: you can occupy 1048 SF or more by January 1, 2026 (maybe sooner) while you retain rental income from existing tenants. Attention investors: a compelling 11.5% cap rate isa compelling opportunity for you to receive a profitable return. 6 parking spots in rear. 2 bathrooms on each floor (6 total) and kitchenettes on first and third floor. Recent upgrades include new fire escape, new HVAC with separate zones, new flooring, roofing updates, LED recessed lighting, facade upgrades, surveillance/security enhancements, painting and more.

Meticulously renovated in 2019, this prime location has served as a showplace headquarters to Greater Trenton Inc, Choose NJ, as well as other professional organizations, directly across from the NJ Statehouse. This fully leased office property features a first floor conference room that seats up to 18 people and is available for shared usage by tenants. Attention buyers that want to occupy: you can occupy 1048 SF or more by January 1, 2026 (maybe sooner) while you retain rental income from existing tenants. Attention investors: a compelling 11.5% cap rate isa compelling opportunity for you to receive a profitable return. 6 parking spots in rear. 2 bathrooms on each floor (6 total) and kitchenettes on first and third floor. Recent upgrades include new fire escape, new HVAC with separate zones, new flooring, roofing updates, LED recessed lighting, facade upgrades, surveillance/security enhancements, painting and more.

  • Neighborhood
  • Type
  • County
    Mercer
  • Area
    Trenton City
  • Tax Amount
    $10,818
  • Status
    Active
  • Listing #
    NJME2061428
  • Built
    1875
  • Lot Size
    0.10
  • Listed on site
    12 hours
  • Listing Agent Id
    801450396792

Listed by:
Pott Real Estate, LLC

Source:
BRIGHT MLS

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Community Features

  • No HOA
  • No Adult Community

Property Features

  • No Builder Restrictions
  • Gas Utilities
  • Sewer

Exterior features

  • No Pool

Interior Features

  • Carpet Floors
  • Central Air Conditioning
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