722 MARTIN LUTHER KING JR. BLVD, Trenton, NJ 08618
722 MARTIN LUTHER KING JR. BLVD, Trenton, NJ 08618
722 MARTIN LUTHER KING JR. BLVD, Trenton, NJ 08618
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Naveen Sharma

Naveen Sharma

+1(732) 429-0939
Listed by Fareeda Stokes • Harkes Realty and Associates
$350,000
Est. payment /mo
2,613 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID NJME2084148

Year Built 1950

Annual Tax Amount $6,838

Tax Year 2025

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type Retail

Source BRIGHT

Property Description

Discover a prime investment opportunity with this well-located commercial property built in 1950, featuring durable brick construction. This property offers a manageable footprint for investors seeking to maximize their return on investment. The property is strategically positioned to benefit from local traffic and visibility, making it an ideal candidate for various commercial ventures. With on-street parking and a 2 car garage, accessibility is a key advantage, enhancing its appeal. Investors will appreciate the potential for additional rental income from the 2 apartment units and detached garage, given the growing demand for commercial spaces in the area. The property's established structure allows for immediate renovations to suit specific business needs, providing flexibility in maximizing cash flow. The surrounding neighborhood is ripe for development, with increasing foot traffic and a supportive community atmosphere. This property offers a solid foundation for long-term appreciation as the area continues to evolve. Seize this opportunity to add a valuable asset to your portfolio, combining a prime location with the potential for strong financial performance. Don't miss out on the chance to invest in a property that promises both stability and growth in a dynamic market. Roof is approx 3 years olf. Newer furnace. Newer Chimney Liner.

Location

State NJ

County Mercer

Area Trenton City (21111)

Zoning COMMERCIAL

Interior

Hot Water Electric

Heating Radiator

Cooling None

Heat Source Natural Gas

Exterior

Garage Spaces 2.0

Water Access N

Accessibility None

Total Parking Spaces 2

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Trenton Public Schools

Others

Tax ID 11-08502-00001

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)

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Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

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722 MARTIN LUTHER KING JR. BLVD